IRS vs Estate: A study

By The Last Tear (Lou)

After Michael Jackson’s untimely death, some people hoped that his Estate which was in debt would sell the star’s assets. As we know, this did not happen. The Estate’s executors managed to pay most of the debts and consequently secured the music catalogues and other possessions. However, recently, the interaction between the Estate and the IRS has become heated. As usual several media “ have explain” this matter in a biased and one-sided way.

Still, there is an article which sees the both sides of the fight. Erin K. Mai has published an informative study in the Estate Law Journal on February 28, 2013. This is a copy of the article. You find the original file here: http://www.estatelawjournal.org/site/wp-content/uploads/2013/02/Mai.pdf

or here: http://www.estatelawjournal.org/site/2013/02/

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