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The battle between the IRS and Michael Jackson's estate is heating up. While trial is not set to begin until 2017, the end result could make this a billion dollar case. The dispute centers around the value of Michael Jackson's likeness rights at the time of his death. The IRS claims that these rights were worth approximately $434 million, while the estate asserts that these were only worth about $2,100.

Most recently, the court has decided to exclude expert analysis on the valuation of Jackson's image. However, it has required certain key members of the legal team from Jackson's estate to be deposed, as well as one of Jackson's former business managers. Since this case has been pending since shortly after the pop star's death, nearly half a decade ago, the legal fees have become astronomical. It is estimated that by the time the case is through, if the IRS prevails, the estate will owe nearly $1 billion.

The Jiggaman may be wondering what is going on after getting sued by the now deceased artist known as Prince. This week, Prince's companies filed a copyright infringement lawsuit against Jay-Z's company Roc Nation, for allegedly streaming Prince's music on the Tidal streaming service without permission.

While Prince's companies concede that Tidal has authorization to stream one of Prince's albums, the suit is focused on the streaming of several songs not on the one album, as well as the unauthorized use of Prince's images. Perhaps the Roc Nation thought they'd be able to get away with a little copyright infringement after Prince's death this past April, or perhaps there's more to it.

The fight over the music catalog of iconic American singer, songwriter, pianist, and civil rights activist, Nina Simone, may soon be over as the 9th Circuit Court of Appeals gets ready to enter the fray. The legendary artist died in April 2003 at the age of 70. Her ex-husband, ex-attorney, and former studios are all claiming some rights to the music catalog.

The fight in the Federal Northern District Court of California has been ongoing since as early as 2008, and 2007 in the Federal Court in New York. The claims have been made back and forth, with each party counterclaiming against the other for various causes of action all geared at establishing ownership of the deceased artist's music. Then, in 2012, when the ex-husband, Stroud, died, things became even more complicated.

Based on what celebrity news outlets are reporting, popular hip-hop artist Rakim Mayers, better known as A$AP Rocky from the A$AP Mob crew, is being sued by his former landlord for destroying a luxury condo. Among the allegations are that Mr. Mayers scratched up the floors, got rid of a chandelier and a security camera, and turned his walk in closet into a recording studio.

While multiple sources are reporting this story, claiming that a federal lawsuit has been filed against Mr. Mayers, it is worth mentioning that the Federal database PACER does not currently turn up documents that support the claim that Mr. Mayers is being sued.

Property of the Rich and Famous: Taylor Swift's $25M Mansion

So you want to be Taylor Swift and you wish you could live her life. Well, you probably can't but you can peek at how the young superstar is living by taking a tour of her $25 million mansion.

She shared her home and her thoughts with Vogue and now we all know that she advises getting a good lawyer and that she considers herself "a national lightning-rod for slut shaming." Also, she has a fancy Scrabble board and spatulas with her initials on them, among tons of other junk. Swift may be a pop visionary and an intellectual property hawk angling to own "1989" but her sense of design is very 1942, which is the year her mansion was built.

Estate Planning Principles and Drilling Prince's Vault

Since Prince died late last month, little time has been wasted addressing the handling of his estate. His sister filed documents with the Minnesota courts stating that Prince left no will just days after he died, and last Friday, reports ABC News, the singer's mysterious vault was drilled open by the Bremer Trust, appointed the administrator of his estate.

The vault reportedly contains enough unpublished music to release an album by Prince every year for the next century, some of it pre-dating Purple Rain, the album that catapulted him to fame. But for our purposes, the drilling of the vault is interesting for what it illustrates about estate law and keeping precious goods safe.

Making Sense of Michael Jackson Estate's Tax Troubles

Michael Jackson was a unique man and musician and now his death has spawned a tax battle unlike any other. The Internal Revenue Service claims that, based on the value of his name and likeness, Jackson's estate was worth more than $400 million when he died. The estate claims it was much lower -- more like $2,000.

The tax authority and the estate are expected to have a showdown in court in 2017, but according to The Hollywood Reporter , neither party has much information about how the other arrived at the figures they cite. Let's look at the issues.

Prince's Heirs: Star's Sister Says He Died Without a Will

When pop powerhouse Prince died last week at age 57, it came as a shock to fans. But it seems that the musician was also not expecting such an early demise, as his sister this week filed documents saying he died without a will.

"The Decedent died intestate," Prince's sister, Tyka Nelson, wrote in her petition to the courts for the appointment of a special administrator to deal with Prince's estate, according to USA Today. It's still possible that Prince does have a will somewhere -- his attorney has not responded to reporters' requests for comment. But Nelson says she does not know of one. Let's take a look at intestacy, in light of her filing.

Judge Sides With LA Archdiocese: Katy Perry Could Own Convent

Pop star Katy Perry has been trying to buy a convent in Los Angeles, but the five nuns who live there opposed the sale. Meanwhile, the local archdiocese says they decide who buys. Now a judge has sided with church officials and Perry seems primed to buy the property.

According to a CNN report with a remarkable number of the star's song titles, LA Superior Court Judge Stephanie Bowick threw out a prior sale by the nuns. But they say they may appeal, so Perry's deal is not quite sealed.

Judge Judy Lists $11M Condo for Sale

Henry David Thoreau, historical advocate of simple living and author of Walden, wrote that wealth is the ability to fully experience life. But for some, people wealth is something less abstract and more tangible.

Celebrity real estate deals often demonstrate this point. Recently, Judge Judy joined the ranks of celebrities making over-the-top real estate deals. Let's marvel at the excesses as we count our blessings ahead of a new year.