Yep. Civil legal stuff takes a lot of time to get done, especially if you need court time. Civil proceedings take a back seat to criminal proceedings so scheduling is an inexact science.
Sent from my iPhone > On Jul 14, 2024, at 18:15, Michael Kerpan via cctalk <cctalk@classiccmp.org> > wrote: > > He ran out of time. He was starting to formulate plans for his museums, but > had only got around to dealing with the Pop Culture Museum before he died. > > Mike > >> On Sun, Jul 14, 2024, 9:05 PM brad via cctalk <cctalk@classiccmp.org> wrote: >> >> I wonder why Paul didn't set it up to try and find a group willing to keep >> LCM or the whole collection under a new museum first. Then have a provision >> that it must be a non profit, and if it doesn't work, proceed to auction >> for charity. BradSent from my Galaxy >> -------- Original message --------From: Wayne S via cctalk < >> cctalk@classiccmp.org> Date: 2024-07-14 5:59 p.m. (GMT-08:00) To: Wayne >> S <wayne.su...@hotmail.com> Cc: "General Discussion: On-Topic and >> Off-Topic Posts" <cctalk@classiccmp.org>, Wayne S <wayne.su...@hotmail.com> >> Subject: [cctalk] Re: LCM auction pre-notice The estate should just have >> given the collection or parts of it directly to the charities if the >> charities were equipped to dispose of it.Sent from my iPhone> On Jul 14, >> 2024, at 17:56, Wayne S <wayne.su...@hotmail.com> wrote:> > Yes, but you >> still have to do the paperwork. Declare the revenue you got for it and then >> the paperwork from the charity acknowledging they received it and it’s >> value. PITA> > Sent from my iPhone> >> On Jul 14, 2024, at 17:12, Bill >> Gunshannon via cctalk <cctalk@classiccmp.org> wrote:>> >> >> >>>> On >> 7/14/2024 7:14 PM, Wayne S via cctalk wrote:>>> Trying to compare a >> billionaire’s estate collection with people like us is futile. Most of us >> collectors will die and our collection wont be of interest to the IRS >> because it won’t amount to much. Pauls collection, on the other hand, will >> be of interest simply because he called out what to do with it when he dies >> (sell and proceeds to charity) and he’s a billionaire so they look very >> closely at estate where there could be significant tax revenue.>> >> There >> is probably no tax revenue if it all really goes to charity.>> >> bill>>
