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Business Organization Art, Entertainment & Sports Wills, Trusts, & Estate Planning

Read Business Organization updates, alerts, news, and legal analysis from leading lawyers and law firms:

Tax Law Blog: Prince's Estate Plan (or lack thereof)

by Davis Brown Law Firm on

News sources are reporting that court documents filed last week indicate Prince died intestate, meaning he did not have a will. His sister filed the paperwork, stating to her knowledge he did not have a will and requesting...more

The Donald Sterling Case Provides Valuable Trustee Incapacity Insights - Establishing the Most Effective Instruments to Evaluate...

by Holland & Knight LLP on

The ideal individual trustee has a wide variety of real world experience and judgment that can only be acquired over decades. Thus, many trustees are middle-aged or older at the start of their tenure. While some people remain...more

Atari Files Reorganization Plan to Exit Bankruptcy

by Joel Glucksman on

Atari Files Reorganization Plan to Exit Bankruptcy by Joel R. Glucksman on October 4, 2013 Video-game maker Atari, Inc. has filed a reorganization plan in the U.S. Bankruptcy Court in Manhattan with the support of its...more

Should Detroit Follow Central Falls’ Bankruptcy Strategy?

by Joel Glucksman on

Should Detroit Follow Central Falls’ Bankruptcy Strategy? by Joel R. Glucksman on August 6, 2013 In the wake of Detroit filing the largest municipal bankruptcy in U.S. history, many analysts are looking at the...more

Section 2704 Tackles Estate For A Claims Court Loss

by Charles (Chuck) Rubin on

EXECUTIVE SUMMARY: A company formed to operate an NFL franchise runs afoul of Section 2704 at the death of its principal stockholder. While the estate put forth some creative arguments to elude the grasp of Section 2704,...more

Authentication Board to Death by Lawsuits

The recent news that the Andy Warhol Art Authentication Board, Inc. will dissolve in early 2012 brings the role of authentication boards in the art world to the fore once again. The Board, which has been charged with...more

Protecting An Artist's Legacy Through Estate Planing, Probate and Post-Death Administratin Part 2

by Tamera Bennett on

Part 2 of 2: In the US alone, thousands of copyright creators and/or copyright owners die each year. How many of these folks create a comprehensive estate plan, or even a basic will or simple trust? The goal of estate...more

Protecting An Artist's Legacy Through Estate Planing, Probate and Post-Death Administratin Part 1

by Tamera Bennett on

Part 1 of 2: In the US alone, thousands of copyright creators and/or copyright owners die each year. How many of these folks create a comprehensive estate plan, or even a basic will or simple trust? The goal of estate...more

THE BOSS’S ENDURING EMPIRE: Analyzing Estate Tax Consequences of George Steinbrenner's Passing

by Joy Hodge on

The death of George Steinbrenner on July 13, 2010 serves as an interesting study into the effect of the temporary repeal of the federal estate tax – and the failure of Congress to correct the problem before the end of 2009. ...more

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