Thursday, July 23, 2009

The Wild Card in Jackson's Estate?

As other blogs have noted, the wild card in Michael Jackson's estate (see preceding post) may be the Jackson name itself.

The good news: Jackson's posthumous "right of publicity" could be worth a fortune.

The bad news: The estate tax would be humongous.

Might Jackson's heirs have been better off had he died, like Marilyn Monroe, as a resident of New York, where the right is not descendible?

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