All Wealth Planning Content

Lessons from the Tax Court Decision in the Estate of Michael Jackson

Sharon L. Klein |
Wealth Planning
A red carpet is traditionally used to mark the route taken by heads of state on ceremonial and formal occasions

It’s a Thriller! What is a celebrity’s name and image worth after they die? Michael Jackson’s name and image was valued on his estate tax return at ~$2,000, by the IRS on audit at ~$435 million and by the Tax Court at ~$4 million. In this September 14, 2021 podcast hosted by ACTEC, Fellows Sharon Klein and Tom Abendroth discuss the implications of this landmark case, explore planning techniques to minimize taxes and review the status of post-mortem publicity rights across the country.

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New York’s Latest Legislative Session: What Passed, What Didn’t, What’s Next

Sharon L. Klein |
Wealth Planning

Learn about what passed, what didn’t, and what’s next for New York’s 2021-2022 legislative session with an overview of important new legislation and pending proposals, including: Highest income tax rates in the country enacted.New Power of Attorney form goes into effect, requires two disinterested witnesses and notary.On the heels of the recent Tax Court case valuing Michael Jackson’s name and image, brand new post-mortem publicity rights take effect in New York.

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