Quote:
Originally Posted by wilsonmac
Very smart move to do this. Otherwise he continues to pay big taxes annually, and here he cashes out for a big sum. There may even be a larger audience that ends up discovering his music that might not have? This is all about estate planning for his family and kids, which in my opinion is all that really matters right? He earned it, and these groups he sold to will help look out for his legacy. You know that had to be a big part of the deal that was eventually reached.
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yes but that lump sum will also be subjected to BIG taxes