Estate tax attorneys are hoping a U.S. Tax Court case involving the estate of Michael Jackson will clarify for other estates how to properly value a celebrity’s likeness at death for tax purposes.Source: Lawyers Eye King of Pop’s Case for Estate Valuation Answers | Bloomberg BNA
Category Archives: Wills, Trusts, Estates and Probate Law
‘Big Ang’s’ estate sued for $1 million over punching death outside bar | SILive.com
The estate of the late “Mob Wives” reality-TV star Angela “Big Ang” Raiola, has been sued for $1 million for a patron’s death outside a bar with which she was affiliated.Source: ‘Big Ang’s’ estate sued for $1 million over punching death outside bar | SILive.com
2017 Estate, Gift and GST Tax Update: What This Means for Your Current Will, Revocable Trust and Estate Plan | The National Law Review
The American Taxpayer Relief Act of 2012 (the “Act”) made the following permanent: (1) the reunification of the estate and gift tax regimes, (2) the $5 million estate, gift and generation-skSource: 2017 Estate, Gift and GST Tax Update: What This Means for Your Current Will, Revocable Trust and Estate Plan | The National Law Review
Ownership of Legal Claims in a Chapter 7 Bankruptcy Case
An important issue that arises in Chapter 7 bankruptcy cases is who is the owner of a legal claim, specifically whether a legal claim is property of the estate or belongs to the debtor.Source: Ownership of Legal Claims in a Chapter 7 Bankruptcy Case
Purported niece, others seek shares of Prince’s estate | Entertainment | stltoday.com
CHASKA, Minn. (AP) — A Minnesota judge said Friday he’ll try to rule quickly on whether state law entitles a purported niece, grandniece and nephew of Prince to press theirSource: Purported niece, others seek shares of Prince’s estate | Entertainment | stltoday.com
Fred Thompson’s Widow Asks Judge To Dismiss Estate Claim – Story
Source: Fred Thompson’s Widow Asks Judge To Dismiss Estate Claim – StoryThe widow of Fred Thompson has asked a court to dismiss a claim filed against his estate by his two adult sons.
Prince estate case second hearing in Minnesota court – CBS News
Two months after his death, questions still remain about who will get a share of the music legend’s $300 million fortune and how it will be dividedSource: Prince estate case second hearing in Minnesota court – CBS News
Prince’s niece, grand-niece obtain lawyer to claim part of his estate
Source: Prince’s niece, grand-niece obtain lawyer to claim part of his estateHere’s the latest on the investigation into the singer’s death, his estate and tributes: 1 p.m. ET: Prince’s possible heirs are multiplying again.
Cleveland Mayor Apologizes for, Drops Ambulance Charge to Tamir Rice’s Estate – NBC News
Source: Cleveland Mayor Apologizes for, Drops Ambulance Charge to Tamir Rice’s Estate – NBC NewsCleveland’s mayor and other city officials apologized Thursday for asking for reimbursement from Tamir Rice’s family for the medical services he received after he was fatally shot by a police officer.
Attorneys: Robin Williams’ widow, kids settle estate fight – 12 News
Source: Attorneys: Robin Williams’ widow, kids settle estate fight – 12 NewsSAN FRANCISCO (AP) – Robin Williams’ widow and his three children from previous marriages reached a settlement in their legal fight over the late actor’s estate, ending a public dispute following the beloved comedian’s suicide last year.FILE – In this April 28, 2012, file photo Robin Williams, right, and his wife, Susan Schneider arrive to the 2012 Comedy Awards in New York. Attorneys for Robin Williams’ widow and his children have reached a settlement in their legal fight over his estate. (AP Photo/Charles Sykes, File)