Patricia Altschul is no longer the owner of her iconic Charleston house — but the Southern Charm matriarch isn't packing any moving boxes.
On Season 10, Episode 4 of Southern Charm, Patricia sat down with Whitney Sudler-Smith in their living room to go over some house-related topics. "Since you now own all of this, I have things for you to be responsible for," Patricia told her son.
In a confessional during the January 2 episode, Patricia explained how Whitney came to take over ownership of the house.
"Several years ago, we had a meeting with our lawyers and estate planners and money manager," she said. "And they said when I kick the bucket, Whitney is gonna have to pay, I don't know, 46 percent in death duty [inheritance taxes]. Something extraordinary."
"The house is now worth, I don't know, $15,000,000 or something," she continued. "So we decided that Whitney should buy the house from me and put it in his own trust."
Patricia Altschul is no longer the owner of her iconic Charleston house — but the Southern Charm matriarch isn't packing any moving boxes. On Season 10, Episode 4 of Southern Charm, Patricia sat down with Whitney Sudler-Smith in their living room to go over some house-related topics. "Since you ...
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