by Leslie Marenco | Oct 7, 2014 | Articles, Celebrity Estates, Estate Planning, Estate Tax
A tax battle is brewing over author Tom Clancy’s $83 million estate, pitting Mr. Clancy’s wife against the adult children of his former marriage. The widow, Alexandra Clancy is taking legal steps aimed at shifting all state and federal estate taxes—estimated in...
by Leslie Marenco | Sep 4, 2014 | Articles, Celebrity Estates, Estate Planning
After nearly 20 years of litigation and fighting in the press, the conflict between the estates of Anna Nicole Smith and her billionaire husband J. Howard Marshall has been “resolved.” MAYBE. POSSIBLY. PROBABLY NOT. It’s like a bad soap opera that refuses to end. An...
by Leslie Marenco | Aug 22, 2014 | Articles, Celebrity Estates, Estate Planning, Trusts
One of the most eloquent responses to Robin Williams’ death came from his best friend Billy Crystal, who posted on Twitter simply: “No words.” When someone close to us dies — especially in a sudden and tragic way — the grief is so deep that we truly don’t...
by Leslie Marenco | Aug 18, 2014 | Articles, Celebrity Estates, High Net Worth, IRS, Liens/Debt
MC Hammer was at one point in time the biggest rap artist on the planet. Now two decades later, MC Hammer is probably more famous for his tax issues – which seem to be never ending. It goes to show you, the Internal Revenue Service doesn’t quit when it comes to...
by Leslie Marenco | Aug 16, 2014 | Articles, Celebrity Estates, Income Tax, IRS, Liens/Debt
Adding to the ongoing list of Rappers that apparently have money for mansions, women, and jewelry (apologies for the stereotype) but not to hire an accountant or a lawyer, Lil Wayne’s (whose real name is Dwayne Carter) tax troubles have reached an all-time high...
by Leslie Marenco | Aug 10, 2014 | Articles, Celebrity Estates, Estate Planning, Estate Tax, High Net Worth, Probate, Wills
James Gandolfini, who won three Emmy awards portraying mob-boss Tony Soprano for eight years on HBO’s The Sopranos, died on June 19th, 2013 in a very unexpected manner. That day, he was touring Rome with his 13-year old son, Michael, when he suffered the sudden and...
