Showing posts with label income. Show all posts
Showing posts with label income. Show all posts

Friday, January 22, 2010

Jackson Estate Opposes Allowance for Joe Jackson

The estate of late singer Michael Jackson has opposed a bid from his father Joe Jackson to receive a monthly allowance, stating that it would take money away from Michael Jackson's three children. Joe Jackson is seeking to get more than $15,000 each month from his son's estate. The papers that were filed fail to show that Micheal supported him while he was alive and that Michael omitted his father as a beneficiary in his will and trust. Joe filed for the monthly stipend in November claiming that he had very little income and relied on his son to help him with his living costs. He wants $1,200 per month for rent for his Las Vegas home, $2,500 to eat out, $1,000 for entertainment expenses, gifts, and vacations, $2,000 for air travel, and $3,000 for hotel expenses.

Any money that would be paid to Joe would reduce the estate's assets that are for Micheal's mother and his children. The beneficiaries of the estate are Michael's children, his mother, and various unnamed charities. Micheal's mother, Katherine Jackson, and his children are receiving more than $86,000 per month and administrators want to increase the monthly stipends.

Thursday, September 3, 2009

DJ AM's Burial

DJ AM, whose real name is Adam Michael Goldstein, was buried on Wednesday at the Hillside Memorial Park and Mortuary in Los Angeles, CA. A memorial service is also scheduled for today at the Hollywood Palladium.

Goldstein did not have a will and his mother was listed as the sole heir to his assets. Documents listed his annual income from property at $3.5 million. He also had another $400,000 worth of assets. He had $2.9 million worth of debts at the time of his death.

Wednesday, August 6, 2008

Judge Orders Wesley Snipes to Reimburse Government

Last week, the U.S. District Court Judge William Terrell Hodges ruled for the actor Wesley Snipes to reimburse the government $217,000 in prosecution costs for his recent tax conviction. Wesley Snipes is objecting to the cost. He was convicted in February of three counts of willfully failing to file his income taxes. He has appealed the convictions and a three year prison sentence.

Thursday, July 3, 2008

Judge Allows Wesley Snipes to Travel

Judge William Terrell has allowed the actor Wesley Snipes to leave the United States to work on two movies. His lawyers are still working on trying to appeal his income tax convictions. The judge approved for him to be able to travel to London and Bangkok.

Snipes plans to be in London, England for three days this month to do post-production editing of the movie “Gallowwalker.” He will also be in Bangkok, Thailand for eight weeks to film the movie “Chasing the Dragon.”

In February, Snipes was convicted of three counts of willfully failing to file income taxes. He has appealed the convictions and a three year prison sentence to the 11th Circuit Court in Atlanta.

Friday, May 23, 2008

Wesley Snipes Gets to Remain Free For Now

The actor Wesley Snipes is being allowed to remain free on bail as he appeals three federal tax convictions. Judge William Terrell Hodges doesn’t see Snipes as a flight risk and says he is not a threat to the community. The judge granted Snipes’ motion for bail on Thursday pending the appeal of his case. Snipes’ attorneys plan on arguing before the 11th U.S. Circuit Court of Appeals that the trial judge erred in several ways before and after the recent conviction where Snipes was sentenced to three years in prison on three misdemeanor counts of willful failure to file his income tax returns.

Sunday, May 4, 2008

Wesley Snipes to Appeal Tax Conviction Charge

The attorneys of the actor Wesley Snipes wants to appeal his recent tax conviction, where he was sentenced to three years in prison last week for three misdemeanor counts of willful failure to file income tax. Snipes will be free until he is ordered to turn himself in by the federal Bureau of Prisons. His attorneys filed the notice on Thursday for the 11th U.S. Circuit Court of Appeals.

Friday, April 25, 2008

Wesley Snipes Sentenced to Prison

The actor Wesley Snipes was sentenced to three years in prison on Thursday for not filing income taxes that he claimed he never had to pay. He gave the federal government three checks for $5 million that was delivered while in court. Prosecutors didn’t want to accept the checks at first but by the end of the day they did. After that he was still sentenced to three years in prison to made an example out of to warn other people what could happen if they don’t file their taxes.

Tuesday, January 15, 2008

Singer Bono Asks For Help From France

The singer Bono from the group U2 has asked the leader of France, Nicholas Sarkozy, to increase the aid given to developing countries. He wants France to increase the development assistance to 0.7 percent of France’s national income instead of the 0.35 percent that it’s currently at.

Friday, August 31, 2007

Kevin Federline Wants Britney Spears to Pay His Legal Fees in Divorce Case

It is reported that Kevin Federline’s lawyer wants Britney Spears to pay for some of her ex-husband’s legal expenses in their divorce case. The attorney says that Federline has no net income after he pays his expenses. He currently gets $20,000 per month in spousal support from Spears and he wants her to pay $50,000 for his legal fees.