Deceased Celebrities Still Making Millions
If that was truly the case then his revenue surely skyrocketed after his death. In the two years following his passing Michael Jackson's estate made an estimated $400 million off of "This Is It" the movie, album sales, endorsements and royalties. Not only does Jackson's estate make money off of his own music, but also of several other well-know musicians. The reason is that Jackson paid roughly $47.5 million in 1985 to buy a publishing catalog containing music by The Beatles, Bob Dylan, Elvis Presley and many others. Although Sony did buy half the rights years later for around $90 million, the Jackson estate still receives 50% of the profits from the Sony/ATV joint venture. Jackson just may have made more money dead already than when he was alive.
Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.
RetirementThe answer depends on your sources of income, how much debt you carry and whether you have dependents who rely on you financially.
InsuranceFind out the reasons why term life insurance may not be for everybody, and why you may want to avoid it in favor of a permanent life insurance policy.
InsuranceUnless you have kids, it's easy to think you don't need life insurance Here are the reasons why you might– as well as which type and how much to get.
InsuranceLearn how to lower your income tax and avoid estate tax - all while building wealth.
InsuranceLearn the difference between term life insurance and whole life insurance. Understand when it is beneficial to buy each type of life insurance.
InsuranceFrom starting a family to retirement, insurance can play a role in taking care of financial needs. This piece looks at some of the choices you can make.
Financial AdvisorCovering the needs of the ones you would leave behind is not easy. But efforts to secure a life insurance policy outside of work should pay off.
InsuranceLearn how to determine the type of life insurance you need and use our calculator to find out how much coverage you should have.
InsuranceCompared to other options, does it ever make sense to include cash-value life insurance in your investment portfolio? A look at the pros and cons.