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:

• david.lenok@informa.com 
  
• 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.