Grantor Retained Annuity Trusts (GRATs) are legal trusts that allow asset owners to transfer appreciating assets to heirs with minimal or no gift tax. Phil Knight, Nike's founder, reportedly used a series of GRATs to pass billions in Nike stock to his heirs while paying almost no gift tax. GRATs work by placing assets in a short-term trust that pays back the original value plus interest; any growth above that interest passes tax-free to heirs. This strategy is effective for concentrated stock positions and other appreciating assets but requires careful setup and the grantor to outlive the trust term. Despite attempts, Congress has not changed the rules as of 2026, making GRATs a powerful estate planning tool for those with assets expected to grow beyond the IRS interest rate hurdle.
Nike's stock has fallen 50% to a 12-year low, yet remains overvalued with a forward P/E of 22.36x. The company faces ongoing margin compression, declining sales, and a free cash flow payout ratio exceeding 100%, raising concerns about a potential div...
Sophia Lorey, a former college soccer player and California Family Council outreach director, is leading a shareholder proposal urging Nike to scrutinize its charitable partnerships, especially its support for the Human Rights Campaign. The proposal,...
Nike's stock has dropped nearly 50% over the past year due to declining revenue and challenges in key markets like Greater China and its Converse brand. Despite this, Needham analyst Tom Nikic sees a potential near doubling of Nike's share price to $...
In 2026, major athletic apparel stocks Nike, Dick's Sporting Goods, and Lululemon have fallen sharply by 38%, 29%, and 52% respectively, while the broader retail sector and S&P 500 have risen. Nike's decline began after a disappointing guidance reset...
The iShares S&P 100 ETF recently replaced Nike, Colgate-Palmolive, Simon Property Group, and Honeywell with four AI-related tech companies: Dell Technologies, Palo Alto Networks, Arista Networks, and SanDisk. This change reflects the growing market c...
