http://www.deathandtaxesblog.com/ Published by Joel A. Schoenmeyer en-us 2009-07-13T14:08:30-06:00 This is an XML content feed. It is intended to be viewed in a newsreader or syndicated to another site, subject to copyright and fair use. http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/gsDqFRYpkk8/michael_jacksons_estate_part_5_1.html This CBS News article talks about the tax burden on Michael Jackson's estate. The estate has to deal with a few problems: 1. Determining the amount of all of Mr. Jackson's debts. 2. Determining the value of all of Mr.... Estate Plans of the Rich and Famous deathandtaxesblog-1 2009-07-13T14:08:30-06:00 http://www.deathandtaxesblog.com/2009/07/michael_jacksons_estate_part_5_1.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/ZR03umbPVzs/citations_in_probate_dischargi_1.html I've talked previously about citations in the probate context (here is an introduction). These actions are usually brought by the personal representative, to find out about (and, if successful, re-acquire) property held by a third party that rightfully belongs to... Probate Litigation deathandtaxesblog-1 2009-07-07T16:17:10-06:00 http://www.deathandtaxesblog.com/2009/07/citations_in_probate_dischargi_1.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/7YnEEXG-TZw/michael_jacksons_estate_part_4.html Today there was a court hearing in Michael Jackson's estate. Some details, from MSNBC: 1. There's a 1997 Will as well as a 2002 Will. The 1997 Will only comes into play if the 2002 Will is found to be... Estate Plans of the Rich and Famous deathandtaxesblog-1 2009-07-06T19:33:32-06:00 http://www.deathandtaxesblog.com/2009/07/michael_jacksons_estate_part_4.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/l9xc0bswjtw/debbie_rowe_michael_jackson_an.html Why would Debbie Rowe seek to become guardian of her two children with Michael Jackson? (Article here) Three words: follow the money. Mr. Jackson's trust is (in part) for the benefit of his children. I would presume that he wanted... Estate Plans of the Rich and Famous deathandtaxesblog-1 2009-07-04T12:49:34-06:00 http://www.deathandtaxesblog.com/2009/07/debbie_rowe_michael_jackson_an.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/lE9JWyZ0k4o/michael_jacksons_estate_part_3_1.html I posted a link to Mr. Jackson's Will yesterday. A few thoughts: -This is what's known as a pourover Will. Mr. Jackson has a trust called the Michael Jackson Family Trust (the "Trust"), and any assets owned by him in... Estate Plans of the Rich and Famous deathandtaxesblog-1 2009-07-03T08:25:30-06:00 http://www.deathandtaxesblog.com/2009/07/michael_jacksons_estate_part_3_1.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/mtQ5E9nGpZk/the_8000_income_tax_credit_for_1.html Hey, I like the internet as much as anyone (really!). But one problem I have is that there are very few places to turn in order to really understand an issue. A lot of the problem is reliance upon secondary... Income Tax deathandtaxesblog-1 2009-07-01T23:49:31-06:00 http://www.deathandtaxesblog.com/2009/07/the_8000_income_tax_credit_for_1.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/MtDXlkQVXhM/michael_jacksons_will_the_pdf.html It's here. Analysis to come.... Estate Plans of the Rich and Famous deathandtaxesblog-1 2009-07-01T13:53:27-06:00 http://www.deathandtaxesblog.com/2009/07/michael_jacksons_will_the_pdf.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/aDS1XtpzAfc/michael_jacksons_estate_part_2.html This blog may morph (just like the "Black or White" video!) into the Michael Jackson's Estate Blog in the coming months (or years). The latest: there appears to be a 2002 Will, according to this WSJ article. Usually a Will... Estate Plans of the Rich and Famous deathandtaxesblog-1 2009-06-30T20:24:48-06:00 http://www.deathandtaxesblog.com/2009/06/michael_jacksons_estate_part_2.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/wj5ssjyR8T8/thomas_jefferson_rogue_executo_1.html I'm currently reading James W. Loewen's Lies Across America: What Our Historic Sites Get Wrong. It's a follow-up to Mr. Loewen's book Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong. I recommend both books. One section... Estate Plans of the Rich and Famous deathandtaxesblog-1 2009-06-29T11:37:39-06:00 http://www.deathandtaxesblog.com/2009/06/thomas_jefferson_rogue_executo_1.html http://feedproxy.google.com/~r/deathandtaxesblog/fAGN/~3/78bsA4NG97Q/contingent_fees_in_the_probate.html The Wills, Trusts & Estates Prof Blog has this post about a case involving contingent fee arrangement in an estate. 40% of $100 million. Wow. The court couldn't decide, without additional facts, whether the 40% fee was unconscionable? Gosh --... Probate Litigation deathandtaxesblog-1 2009-06-28T11:10:40-06:00 http://www.deathandtaxesblog.com/2009/06/contingent_fees_in_the_probate.html