In the May 2017 issue of Los Angeles Lawyer, JMBM tax attorneys Brad S. Cohen and Scott J. Loresch write about Tax and Estate Planning for Postmortem Celebrity.
“Does a studio have the right to use a celebrity’s image after his or her death? If so, is there any way to plan ahead to avoid the misappropriation of a celebrity client’s likeness after death? If a posthumous performance can generate income for the performer’s estate or its beneficiaries, what are the income and estate tax implications? How can the income and estate tax impact be minimized? These questions all touch on the treatment of the right of publicity after death.”