Michael Jackson's passing leaves a lot of questions that have been overlooked or under reported in the media.
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Speculation that Assets of the Estate may be sold to Pay Inheritance Tax With many large estates, it is common that certain assets are sold to meet the tax obligation. Michael Jackson's estate is expected to sell some assets to meet those obligations. Certainly foundations are established to avoid the full hit. What little is known about the iconic singer's assets, but confirmed in the will is that the vast majority of Michael Jackson's fortune was held in illiquid
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assets like his percentage stake in the music publishing company AVG. Michael Jackson even borrowed heavily against it. It is deemed an illiquid asset because there isn't a ready market for it like there is for common stocks in companies like Apple or General Electric where it can be easily sold. Depending on how the trust was set up, there could be a bill of over $100 million owed.
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