Bruce, regarding your brother-in-law's situation, I have taken the
liberty of submitting a question:
http://ask.metafilter.com/268234/Inheritance-Tax-on-estimated-value-of-photo-negatives-left-behind-WUTT
It will be interesting to see if any expert answers are submitted. If
nothing else, one would
Thanks, Darren. You have raised enough doubts in my mind that I'm now
going to quiz my relative about it. Gently. :)
On Wed, Sep 10, 2014 at 11:51 AM, Darren Addy pixelsmi...@gmail.com wrote:
Bruce, regarding your brother-in-law's situation, I have taken the
liberty of submitting a question:
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
…I doubt that there’s any need to fear the IRS…is what I meant to say.
On Sep 10, 2014, at 2:03 PM, Paul Stenquist pnstenqu...@comcast.net wrote:
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
I meant to say, “I doubt there’s any need to fear the IRS,” burt my brain got
in the way of my fingers.
On Sep 10, 2014, at 2:03 PM, Paul Stenquist pnstenqu...@comcast.net wrote:
Of course I don’t know what your brother-in-law’s financial status might be,
but if he’s leaving less than
On 9/9/2014 7:35 PM, Bill wrote:
On 09/09/2014 9:22 AM, P.J. Alling wrote:
Wouldn't you know a lawyer would take it upon himself to find an heir to
a fortune that no one knew existed and not exist if not for the hard
work of a third party. Why he had to find a person who had no idea that
they
Or he could gift the negatives in trust to his family while he's still
alive avoid the estate taxes.
On 9/9/2014 9:13 PM, Bruce Walker wrote:
My brother-in-law, a retired photojournalist (Newsweek, Time), has
left specific instructions to destroy his negatives after his death so
his family
The IRS is made up of people who don't even know the laws they are
supposed to enforce, no one does, actually, as the US tax code is so
convoluted. There is always reason to fear the IRS.
On 9/10/2014 2:39 PM, Paul Stenquist wrote:
…I doubt that there’s any need to fear the IRS…is what I
I completely understood you in the first message, because my own brain
got in the way. :)
On Wed, Sep 10, 2014 at 2:41 PM, Paul Stenquist pnstenqu...@comcast.net wrote:
I meant to say, “I doubt there’s any need to fear the IRS,” burt my brain got
in the way of my fingers.
On Sep 10, 2014,
So the upshot is: if you should ever see an anonymous box of negatives
or prints at a garage sale, put it back down and walk quickly away
from it.
http://www.nytimes.com/2014/09/06/arts/design/a-legal-battle-over-vivian-maiers-work.html
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I have no great interest in Vivian Maier's images.
They are the Chicago of my childhood.
It seems like a bit of a scam to me,
with the promoter reaping all the benefits ($$$).
And the promoter probably deserves any monies he derives.
Regards, Bob S.
On Tue, Sep 9, 2014 at 9:56 AM, Bruce Walker
Wouldn't you know a lawyer would take it upon himself to find an heir to
a fortune that no one knew existed and not exist if not for the hard
work of a third party. Why he had to find a person who had no idea that
they were even related to the original artist, (and who the Artist
probably
On 09/09/2014 9:22 AM, P.J. Alling wrote:
Wouldn't you know a lawyer would take it upon himself to find an heir to
a fortune that no one knew existed and not exist if not for the hard
work of a third party. Why he had to find a person who had no idea that
they were even related to the original
I'm not even reading all of that stuf and it makes me sad
ann
On 9/9/2014 19:35, Bill wrote:
On 09/09/2014 9:22 AM, P.J. Alling wrote:
Wouldn't you know a lawyer would take it upon himself to find an heir to
a fortune that no one knew existed and not exist if not for the hard
work of a third
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
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
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