Revisiting Some Celebrity Estates
The July 2010 edition of The Estate Analyst is comprised of an article by Robert L. Moshman (attorney and writer) entitled A Billionaire’s Free Pass as well as some discussion regarding Michael Jackson’s estate and other celebrity estates.
The introduction to the July 2010 edition of The Estate Analyst is below:
Prepare yourself for crushing news: Lady Gaga has more friends on Facebook than you do. In fact, she has more Facebook friends than President Obama or any other living person, for that matter. She has surpassed the 10-million mark for Facebook friends.
However, regardless of his death one year ago, Michael Jackson currently has more Facebook friends than Lady Gaga. What this means is that Michael Jackson’s estate is “bad,” and by “bad,” we mean smashingly good, of course.
One year after the King of Pop’s death, his estate is in full juggernaut mode. Meanwhile, the estate of Gary Coleman has been making headlines. Anna Nicole Smith’s estate was dealt a severe setback. And a Texas billionaire with good timing has transferred an immense estate without incurring any Federal estate taxes. Let’s begin right there, deep in the heart of Texas.