Celebrity tax troubles, high-profile scandals, and what the ultra-wealthy get away with — or don’t — when it comes to taxes.
The Lillian Glasser case, as previously blogged about, raises some interesting issues not only about jurisdiction and fiduciary responsibility but a more personal question as to whether a child has the right to visit and provide input about the care of a parent. Ms. Glasser’s case is not unusual. It has attracted media attention, no…
And former "Survivor" winner Richard Hatch was found guilty of tax evasion on his "Survivor" winnings and other income. He was acquitted of other charges related to bank, mail and wire fraud charges. The tribe, I mean, jury, deliberated for less than one day following a fairly brief trial of just over a week. After…
The federal tax evasion trial of Richard Hatch, the first “Survivor” winner, is underway. You may recall that the reality star was charged with failing to report his million-dollar winnings to the Internal Revenue Service (IRS), as well as other related charges. Initially, Richard agreed with IRS and then withdrew his plea, claiming that CBS…
In addition to the highly publicized case of Anna Nicole Smith, the former Playboy Playmate, who is battling for her late husband’s fortunes at the US Supreme Court, previously blogged about here, Texas probate courts are in the spotlight once again. This time, the case revolves around Lillian Glasser, a New Jersey socialite, and her fortune….
Apparently doesn’t stay in Texas, but clearly has Texan ties… In what can only be described as an interesting pairing, the Bush administration is backing Anna Nicole Smith, the former Playboy playmate, in her fight over her late husband’s assets. Earlier this year, the Supreme Court granted cert to Anna Nicole (admit it, you can’t…
A lawsuit is brewing. The ugly kind. The kind where nobody wins, really. The kind that puts a child in the middle. The minor son of Herbalife founder, Mark Hughes, is Alexander Hughes, a 14-year-old California resident. He is the only child of Mark Hughes, who died early at the age of 44 years old…
He may have had a lot to show on Survivor, but Richard Hatch, the first ever "Survivor" winner, apparently tried to conceal a little bit, too. Hatch had been charged with two counts of tax evasion earlier in the year. He withdrew his guilty plea, charging that he believed that CBS was responsible for paying…
On July 15, 2005, the Fifth Circuit released a decision in the Strangi case affirming the Tax Court’s decision to include family limited partnership assets in the decedent’s taxable estate. This latest ruling, referred to as Strangi V, is the last (?) in a long list of cases involving the Strangi family and creation of…