Was This Picasso Lost Because of the Nazis? Heirs and Bavaria Disagree.

Officials have refused to refer a dispute over the work held by the state painting collections to a national commission created to review claims of art lost in the Nazi era.

#art, #arts-and-antiquities-looting, #bavaria-germany, #bavarian-state-painting-collections, #holocaust-and-the-nazi-era, #mendelssohn-bartholdy-paul-von, #picasso-pablo, #politics-and-government, #suits-and-litigation-civil, #wills-and-estates

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Ron Lieber: Invest in the People You Love

If you’re emerging from the pandemic in better financial shape than before, ask yourself this: What will you spend to renew your bonds, and how will you do it?

#content-type-service, #families-and-family-life, #friendship, #personal-finances, #wills-and-estates

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What Happens to Philip Roth’s Legacy Now?

His single authorized biography is mired in controversy. Scholars say it shouldn’t be the last word, but they are struggling for access to his vast and in some cases inaccessible private archives.

#archives-and-records, #bailey-blake, #books-and-literature, #content-type-personal-profile, #libraries-and-librarians, #library-of-congress, #manuscripts, #nadel-ira-b, #newark-public-library, #norton-w-wco, #philip-roth-the-biography-book, #princeton-university, #research, #roth-philip, #sexual-harassment, #skyhorse-publishing, #wills-and-estates, #writing-and-writers

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What Kenzo Left Behind

An auction of the estate of Kenzo Takada, who died last year, was a lot more popular than anyone expected.

#art, #artcurial, #auctions, #christies, #design, #fashion-and-apparel, #paris-france, #takada-kenzo, #wills-and-estates

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I’m the Executor of My Mother’s Estate. What Happens if Her Stuff Doesn’t Sell?

Executors are expected to make prudent decisions about how to liquidate an estate, but what if it’s not as valuable as they think?

#appraisals-and-valuation-property, #real-estate-and-housing-residential, #wills-and-estates

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Michael Jackson’s Estate Is Winner in Tax Judge’s Ruling

The decision on the value of Mr. Jackson’s name and likeness will significantly lower his estate’s tax burden from the government’s first assessment.

#celebrities, #decisions-and-verdicts, #federal-taxes-us, #internal-revenue-service, #jackson-michael, #pop-and-rock-music, #sony-music, #sony-atv-music-publishing, #wills-and-estates

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How the Wealthy Are Planning for Biden’s Tax Increases

Financial advisers say they have been flooded with calls from clients who are trying to predict which of President Biden’s tax proposals will become law.

#american-families-plan-2021, #biden-joseph-r-jr, #capital-gains-tax, #content-type-service, #federal-taxes-us, #high-net-worth-individuals, #inheritance-and-estate-taxes, #tax-credits-deductions-and-exemptions, #wills-and-estates

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Samsung Family to Pay South Korea’s Largest Inheritance Tax Bill

The Samsung family in South Korea will also donate billions of dollars’ worth of art, including Picasso and Monet.

#art, #corporations, #family-business, #inheritance-and-estate-taxes, #lee-jae-yong-1968, #lee-kun-hee, #samsung-ct-corp, #samsung-electronics-co, #samsung-group, #south-korea, #tax-evasion, #wills-and-estates

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Britney Spears Asks to Address Court Overseeing Her Conservatorship

A lawyer for the singer told the judge presiding in her case that Spears was seeking to speak to the court on an “expedited basis.”

#pop-and-rock-music, #spears-britney, #spears-jamie-1952, #wills-and-estates

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Maine Officials Say Artist’s Estate Overpaid Lawyers by $3.7 Million

The attorney general demanded in a court filing that the executor for Robert Indiana’s estate repay almost half its legal expenses so far.

#art, #attorneys-general, #indiana-robert, #museums, #philanthropy, #suits-and-litigation-civil, #wills-and-estates

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Opera’s Biggest Fan Leaves Behind a Sprawling Time Capsule

Pavarotti, Domingo, Sills, Fleming and many more: Perhaps 200,000 autographs are piled in a vacant East Village apartment.

#kirschenbaum-lois-1932-2021, #memorabilia-and-souvenirs, #metropolitan-opera, #new-york-public-library-for-the-performing-arts, #opera, #wills-and-estates

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Burt Pugach, Protagonist of a Strange Tabloid Love Story, Dies at 93

In 1959, he had his lover blinded. When he got out of prison, he married her. He called their relationship “a storybook romance.”

#adultery, #deaths-obituaries, #domestic-violence, #pugach-burton, #pugach-linda-riss-1937-2013, #wills-and-estates

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Howard Weitzman, Defense Lawyer for the Famous, Dies at 81

A master practitioner of the courthouse-steps news conference, he often made his case in the court of public opinion. He also made lawsuits disappear.

#celebrities, #deaths-obituaries, #jackson-michael, #legal-profession, #news-and-news-media, #simpson-o-j, #suits-and-litigation-civil, #weitzman-howard-1939-2021, #wills-and-estates

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It May Be Time to Start Worrying About the Estate Tax

Most people have been able to pass on assets like a family home without federal tax, but that could be changing.

#biden-joseph-r-jr, #content-type-service, #federal-taxes-us, #high-net-worth-individuals, #inheritance-and-estate-taxes, #personal-finances, #real-estate-and-housing-residential, #tax-credits-deductions-and-exemptions, #tax-shelters, #taxation, #wills-and-estates

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Britney Spears’s Father Says He Hopes She Won’t Need a Conservatorship

The father’s lawyer shared his opinions on the conservatorship on CNN and NBC News recently, almost a month after a documentary examining the arrangement was released.

#documentary-films-and-programs, #framing-britney-spears-tv-program, #pop-and-rock-music, #spears-britney, #spears-jamie-1952, #suits-and-litigation-civil, #wills-and-estates

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Aretha Franklin’s Estate Signs Tentative Deal Over Back Taxes Owed

While the estate continues to dispute the amount sought by the I.R.S., it has agreed to pay or put aside the bulk of its earnings from royalties and other revenue streams.

#federal-taxes-us, #franklin-aretha, #music, #wills-and-estates

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‘Framing Britney Spears’ Filmmakers Talk About Their Process

The director and a senior editor of the Times documentary answered viewer questions about the media response, the star’s mother and searching for clues on Instagram.

#celebrities, #documentary-films-and-programs, #forbes-magazine, #framing-britney-spears-tv-program, #fx-tv-network, #movies, #social-media, #spears-jamie-1952, #television, #wills-and-estates

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Hitchens Biography Proceeds, Against His Widow’s Wishes

Carol Blue-Hitchens and her late husband’s literary agent are discouraging friends from participating in a book tentatively titled “Pamphleteer: The Life and Times of Christopher Hitchens.”

#book-trade-and-publishing, #books-and-literature, #hitchens-christopher, #norton-w-wco, #pamphleteer-the-life-and-times-ofchristopher-hitchens-book, #phillips-stephen, #wills-and-estates, #writing-and-writers

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As Bitcoin’s Price Surges, Affluent Investors Start to Take a Look

Cryptocurrencies, originally a way to conduct business outside the financial system, are increasingly seen as an asset akin to private equity or venture capital.

#bitcoin-currency, #content-type-service, #high-net-worth-individuals, #mtgox-co-ltd, #regulation-and-deregulation-of-industry, #virtual-currency, #wills-and-estates

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What Jeffrey Epstein Did to Earn $158 Million From Leon Black

Mr. Epstein specialized in aggressively pitching ways to minimize paying taxes. And not just to Mr. Black, the private equity chief executive who was his main benefactor in his later years.

#apollo-global-management, #black-leon-d, #epstein-jeffrey-e-1953, #federal-taxes-us, #high-net-worth-individuals, #wills-and-estates

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The Estate Tax May Change Under Biden, Affecting Far More People

In contrast to previous changes, the tax code could be modified in a way that affects everyone who has something of value to leave to heirs.

#biden-joseph-r-jr, #capital-gains-tax, #content-type-service, #federal-taxes-us, #high-net-worth-individuals, #inheritance-and-estate-taxes, #personal-finances, #united-states-politics-and-government, #wills-and-estates

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The Power (and Joy) of Being Prepared

An important lesson of 2020 is that preparation for a health crisis is a gift to the people you love. Today’s Well challenge shows you how.

#aarp, #content-type-service, #coronavirus-2019-ncov, #death-and-dying, #living-wills-and-health-care-proxies, #wills-and-estates

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I.R.S. Says Prince’s Estate Worth Twice What Administrators Reported

The federal government is seeking nearly $39 million in taxes and fees based on a valuation of Prince’s assets that his estate disputes.

#comerica-bank, #federal-taxes-us, #minneapolis-minn, #paisley-park-chanhassen-minn, #pop-and-rock-music, #prince-1958, #wills-and-estates

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New Arrests in Killing of White South African Farmer

A case that made headlines because of perceived racial overtones has taken on new implications after the arrest of the victim’s wife.

#agriculture-and-farming, #black-people, #cape-town-south-africa, #carlson-tucker, #fox-news-channel, #murders-attempted-murders-and-homicides, #stellenbosch-south-africa, #wills-and-estates

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Jeffrey Epstein Victim Fund Gets More Claims Than Expected

A victim compensation fund has already paid out millions of dollars, with more claims expected to be approved in the coming weeks.

#child-abuse-and-neglect, #compensation-for-damages-law, #epstein-jeffrey-e-1953, #human-trafficking, #suits-and-litigation-civil, #wills-and-estates

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The Rich Kids Who Want to Tear Down Capitalism

Socialist-minded millennial heirs are trying to live their values by getting rid of their money.

#democratic-socialists-of-america, #income-inequality, #millennial-generation, #philanthropy, #resource-generation, #wills-and-estates

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Making Financial Decisions When You Don’t Have All the Facts

The president-elect is considering tax changes that could affect stock sales, selling a family business and leaving money to heirs. But we still don’t know how much he’ll be able to do.

#biden-joseph-r-jr, #capital-gains-tax, #content-type-service, #family-business, #high-net-worth-individuals, #income-tax, #internal-revenue-service, #presidential-election-of-2020, #united-states-politics-and-government, #wills-and-estates

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U.A.E. Changes Laws to Attract Foreign Tourists and Investment

The United Arab Emirates is abolishing lenient sentences for so-called honor killings, loosening alcohol restrictions and lessening the sway of Islamic law over foreigners.

#abu-dhabi-united-arab-emirates, #adultery, #alcoholic-beverages, #divorce-separations-and-annulments, #dubai-united-arab-emirates, #foreign-investments, #israel, #muslims-and-islam, #sex-crimes, #sexual-harassment, #shariah-islamic-law, #united-arab-emirates, #wills-and-estates, #women-and-girls, #womens-rights

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Mary Trump Sues President Trump and Family, Claiming Fraud

Two months after she claimed in a tell-all book that her family cheated her out of her inheritance, Ms. Trump made similar allegations in a civil suit in Manhattan.

#frauds-and-swindling, #suits-and-litigation-civil, #trump-donald-j, #trump-mary-l, #trump-robert-s-1948, #wills-and-estates

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Tax Strategies to Embrace, or Avoid, Before the November Election

No one knows the outcome of the presidential race or how Congress could adjust the tax code next year. But there are changes taxpayers can make now, financial advisers say.

#federal-taxes-us, #high-net-worth-individuals, #income-tax, #individual-retirement-accounts, #personal-finances, #tax-credits-deductions-and-exemptions, #united-states-politics-and-government, #wills-and-estates

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With Adult Children Home, Now’s the Time: Talk About Your Money

Riding out the pandemic with family presents the perfect chance to lay it all out: priorities, account balances, end-of-life directives.

#brookings-institution, #center-for-retirement-research-at-boston-college, #content-type-service, #coronavirus-2019-ncov, #elderly, #families-and-family-life, #living-wills-and-health-care-proxies, #personal-finances, #retirement, #wills-and-estates

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Virgin Islands Will Subpoena Billionaire Investor in Epstein Case

The territory’s attorney general wants to know more about Leon Black’s dealings with Jeffrey Epstein, who died while facing sex-trafficking charges.

#apollo-global-management, #black-leon-d, #epstein-jeffrey-e-1953, #george-denise-n, #human-trafficking, #museum-of-modern-art, #private-equity, #suits-and-litigation-civil, #taxation, #wills-and-estates

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Britney Spears Conservatorship to Remain As Is Until 2021

The singer has called for changes to the legal arrangement that controls her life and finances, but the guardianship was extended through Feb. 1.

#pop-and-rock-music, #spears-britney, #spears-jamie-1952, #wills-and-estates

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Need Help With Your Estate Plan? Go With the Flow, Advisers Say

As older adults face mortality during the pandemic, lawyers and wealth advisers are using color-coded documents and flowcharts to help them understand estate planning.

#coronavirus-2019-ncov, #high-net-worth-individuals, #inheritance-and-estate-taxes, #personal-finances, #wills-and-estates

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Epstein Mansions in New York and Palm Beach for Sale for $110 Million

Federal prosecutors said the homes were where Mr. Epstein operated a vast sex-trafficking scheme and assaulted underage girls.

#child-abuse-and-neglect, #epstein-jeffrey-e-1953, #maxwell-ghislaine, #new-york-city, #palm-beach-fla, #real-estate-and-housing-residential, #wills-and-estates

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Dorothy Parker’s Ashes Could Be Moved. Again.

The writer’s ashes may be disinterred when the N.A.A.C.P. moves its headquarters to Washington from Baltimore. But where should they go?

#algonquin-hotel-manhattan-ny, #baltimore-md, #black-people, #books-and-literature, #civil-rights-and-liberties, #civil-rights-movement-1954-68, #cremation, #king-martin-luther-jr, #manhattan-nyc, #monuments-and-memorials-structures, #national-assn-for-the-advancement-of-colored-people, #parker-dorothy, #relocation-of-business, #washington-dc, #wills-and-estates, #writing-and-writers

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Boom Time for Death Planning

The coronavirus pandemic has drawn new business to start-ups that provide end-of-life services, from estate planning to a final tweet.

#computers-and-the-internet, #coronavirus-2019-ncov, #death-and-dying, #funerals-and-memorials, #grief-emotion, #living-wills-and-health-care-proxies, #midwives-and-doulas, #social-media, #start-ups, #wills-and-estates

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The Inside Story of Why Mary Trump Wrote a Tell-All Book

President Trump’s niece was a family outcast. Her new book casts a cold light on the relatives she describes as dysfunctional.

#barry-maryanne-trump, #books-and-literature, #trump-donald-j, #trump-fred-c, #trump-mary-l, #united-states-politics-and-government, #wills-and-estates

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Mary Trump Fights Effort to Bar Publication of Her Book

Mary Trump and her lawyer filed documents questioning the validity of the nondisclosure agreement she signed, saying it was based on fraud and was too broad to be enforced.

#book-trade-and-publishing, #books-and-literature, #boutrous-theodore-j-jr, #decisions-and-verdicts, #simonschuster-inc, #trump-donald-j, #trump-fred-c, #trump-mary-l, #wills-and-estates

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Trump Family Will Ask Second Court to Stop Publication of Tell-All Book

A Queens County, N.Y., judge said his court lacked jurisdiction in the case.

#books-and-literature, #decisions-and-verdicts, #simonschuster-inc, #suits-and-litigation-civil, #too-much-and-never-enough-how-my-family-created-the-worlds-most-dangerous-man-book, #trump-donald-j, #trump-fred-c, #trump-mary-l, #trump-robert-s-1948, #wills-and-estates

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James Brown’s Will: Is It Inching Toward Closure After 14 Years?

A decision by the Supreme Court of South Carolina has raised expectations that the many legal fights over the singer’s estate may soon be drawing to a close.

#black-lives-matter-movement, #brown-james-1933-2006, #copyrights-and-copyright-violations, #hynie-tommie-rae, #marriages, #music, #pop-and-rock-music, #scholarships-and-fellowships, #south-carolina, #suits-and-litigation-civil, #wills-and-estates

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The Inheritance Tax Is Far Too Low

How to tax inheritances more fairly.

#federal-taxes-us, #high-net-worth-individuals, #income-inequality, #income-tax, #inheritance-and-estate-taxes, #tax-credits-deductions-and-exemptions, #united-states, #united-states-economy, #wills-and-estates

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The Artist’s Caretaker: Once He Controlled Everything. No More.

When Robert Indiana died, the man who had directed his affairs was supposed to help run the artist’s foundation and its new museum. Those plans have changed.

#art, #indiana-robert, #morgan-art-foundation-ltd, #sculpture, #suits-and-litigation-civil, #thomas-jamie-l, #wills-and-estates

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Abused Woman Who Killed Husband Is Granted the Family’s U.K. Estate

Sally Challen’s landmark case has put a spotlight on the fight against domestic abuse in Britain.

#challen-sally, #decisions-and-verdicts, #domestic-violence, #great-britain, #inheritance-and-estate-taxes, #murders-attempted-murders-and-homicides, #wills-and-estates, #women-and-girls

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Should a Parent of Two Children Split Inheritance Equally?

The magazine’s Ethicist columnist on dividing your estate equally among heirs, taking advantage of the CARES Act and using PayPal to pay contractors.

#labor-and-jobs, #quarantine-life-and-culture, #shutdowns-institutional, #small-business, #unemployment-insurance, #wills-and-estates

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Where There’s a Will in England, There’s a Way

Prodded by the coronavirus, thousands are making or updating their estate arrangements, but an archaic law requiring two witnesses in person is forcing people to take drastic measures.

#coronavirus-2019-ncov, #death-and-dying, #england, #legal-profession, #wills-and-estates

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Attorney General Sees Too Much Secrecy in Epstein Estate

The top prosecutor in the U.S. Virgin Islands says the estate needs to provide more detail about Jeffrey Epstein’s finances and is insisting on clauses that could protect others from wrongdoing.

#epstein-jeffrey-e-1953, #george-denise-n, #human-trafficking, #sex-crimes, #southern-country-international, #suits-and-litigation-civil, #virgin-islands-us, #wills-and-estates

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