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Posts tagged "Estate Administration"

Michael Jackson's estate, IRS, clash over valuation

A dispute one year in the making has found its way to federal court. Representatives for the estate of deceased pop legend Michael Jackson have filed challenges to the IRS' levies on the value of Jackson's likeness and image. The penalties associated with the IRS' request also apply to properties formerly owned by him, including the LLC that owns Neverland Ranch. 

Supreme Court strikes DOMA provision against gay couples

The United States supreme Court recently issued a ruling on U.S. v. Windsor, the estate tax case that pitted 84-year-old Edie Windsor against the Internal Revenue Service over taxes imposed when her long-time spouse, Thea Spyer, left Windsor her estate when she died in 2009.

What to do with digital data after death

A comprehensive estate plan deals with many aspects of passing on assets upon one's passing. This may include physical assets (e.g. automobiles, real estate), heirlooms and memorbilia, as well as monetary assets (e.g. life insurance proceeds and retirement accounts).

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