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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 Internal Revenue Service (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 help minimize taxes, and review the status of post-mortem publicity rights across the country.
This podcast is for general information only and is not intended as an offer or solicitation for the sale of any financial product, service or other professional advice. Professional advice always requires consideration of individual circumstances. The information in this podcast has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. The opinions, estimates and projections constitute the judgment of Wilmington Trust and are subject to change without notice.
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