Dead Celebrity Tax Avoidance

[vt]

http://www.latimes.com/local/la-me-j...#axzz2spw1Ozj1

Article about how Michael Jackson's estate tired to avoid taxes on value of assets and income after death. The valuation the families advisers put on the assets is beyond belief.

It's sad that a foundation couldn't have been established with a good portion of assets to help the poor with the future earnings from the songs and image.

[shiny!]

Re: Dead Celebrity Tax Avoidance

Wow. Greedy family. Greedy tax collectors. Greed is as abundant as oxygen.

True story:

Long before I married him, my late husband lived in L.A. with his first wife and their little boy. His wife worked at a restaurant that Jackson often frequented. He saw their little boy there and invited him to spend the night at Neverland. She declined the invitation. Later she said that something about it just didn't feel right...