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 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 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 <bruce.wal...@gmail.com> 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 <godd...@me.com> 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 <ann...@nyc.rr.com> wrote:
I'm not even reading all of that stuf and it makes me sad
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