Tag Archives for " Celebrity Estate Planning "

Jul 14

Tax Lessons to be Learned from Celebrity Estate Plans

By Beatrice Phan

A celebrity’s image and likeness can continue to produce considerable income after death. This type of intellectual property is considered part of your estate, and the IRS can tax its value. In the case of pop star Michael Jackson’s estate, that recently meant an IRS bill to the tune of $64.5 million, years after his […]

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