Of course I don’t know what your brother-in-law’s financial status might be, but if he’s leaving less than $800,000 there is no inheritance tax. I managed my mother’s estate when she passed, and estimating the value of things like photographs and negatives was left to my discretion. Unless there’s an obvious attempt to drive the total below that 800K figure, I doubt that there’s no need to fear the IRS. On Sep 9, 2014, at 9:13 PM, Bruce Walker <[email protected]> wrote:
> My brother-in-law, a retired photojournalist (Newsweek, Time), has > left specific instructions to destroy his negatives after his death so > his family won't be hit by US inheritance taxes on the estimated > market value of the collection. He sells through Getty and Polaris so > this is a valid financial threat. > > Kinda sad, I think. He did a close up and personal pictorial project > with a young Bob Dylan and Rotolo, his then girlfriend, living in New > York, and these rare shots would be destroyed, along with thousands of > others. > > > On Tue, Sep 9, 2014 at 8:37 PM, Godfrey DiGiorgi <[email protected]> wrote: >> Indeed. It has taught me ... I now have explicit instructions in my will as >> to what will happen with my photographs after I leave this mortal coil. Not >> that I expect them to be valuable to anyone besides me, but I will not allow >> vulpine lawyers to profit from my works. That's much worse than allowing >> treasure finders like Maloof and the other owners to profit from their >> discoveries. I'd much rather see the photos burned. >> >> The Virginia lawyer at the bottom of this latest turn of affairs is probably >> another redneck Fundamentalist Republican ... The worst kind of scum skimmer. >> >> Godfrey >> >> >>> On Sep 9, 2014, at 4:49 PM, Ann Sanfedele <[email protected]> wrote: >>> >>> I'm not even reading all of that stuf and it makes me sad >> >> -- >> PDML Pentax-Discuss Mail List >> [email protected] >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> to UNSUBSCRIBE from the PDML, please visit the link directly above and >> follow the directions. > > > > -- > -bmw > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net > to UNSUBSCRIBE from the PDML, please visit the link directly above and follow > the directions. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
