Celebrity Estates: Celebrity Tax Planning Adventures with Jim Henson and Michael Jackson

The entertainment industry is a world of buying, selling and competing for the right to use certain intellectual property and work in specific places. Managing the money, and more importantly, the tax implications requires a deft hand. In this episode, David Lenok speaks with Charles Lubar, retired Senior Counsel from McDermott Will & Emery, about his experience working with celebrity clientele and how he helped people like Jim Henson and Michael Jackson navigate tax strategies for their projects. Chuck discusses: How tax law impacts entertainment celebrities; Examples of complexities in dealing with tax implications of projects involving the Muppets and Michael Jackson; The problems with managing taxation and financial planning between US celebrity corporations and UK entertainment opportunities; And more Resources: Listen to the latest episodes of Celebrity Estates Connect With Charles Lubar: LinkedIn: Chuck Lubar McDermott Will & Emery An Improbable Journey by Charles Lubar Connect With David Lenok: [email protected]  WealthManagement.com LinkedIn: David Lenok LinkedIn: Informa LinkedIn: WealthManagement About Our Guest: Charles Lubar is a graduate of Yale University and Harvard Law School and holds a Master’s Degree in taxation from Georgetown Law. For two-and-a-half years he worked in the Chief Counsel’s Office of the Internal Revenue Service in Washington, D.C. He spent thirty-four years as a partner for the global law firm Morgan Lewis. Lubar most recently served as a Senior Counsel at McDermott Will & Emery. Born and raised in Washington, D.C., Lubar spent two years as an entrepreneur in Nairobi, Kenya and has been a resident of London, England since 1971.