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Estate Planning for Musicians: Chuck Daellenbach & the Canadian Brass Story

ESTATE PLANNING FOR MUSICIANS: CHUCK DAELLENBACH & THE CANADIAN BRASS STORY

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Specialized Knowledge
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

Charles Daellenbach is a renowned Canadian musician who is best known as the co-founder of the brass quintet, Canadian Brass. He was born on December 29, 1941, in Milwaukee, Wisconsin, and began playing the trumpet at a young age. Daellenbach earned his Bachelor of Music degree from the Eastman School of Music and his Master of Music degree from the Catholic University of America. In 1970, he co-founded Canadian Brass with his friend Gene Watts, and the group quickly rose to international fame for their unique style and approach to classical music. Daellenbach played a pivotal role in shaping Canadian Brass's sound and style, and the group has since performed in over 60 countries and recorded more than 130 albums. Today, Charles Daellenbach is considered one of the most influential brass players of his generation and has had a significant impact on the world of classical music. 

Estate planning and the music business coincide in several ways. For musicians and music industry professionals, estate planning is crucial to ensure that their assets—including copyrights, royalties, and intellectual property rights—are protected and passed on to their heirs according to their wishes. Musicians also need to consider the future of their artistic legacy, and estate planning can help in preserving and managing their music catalog and memorabilia. Additionally, estate planning can provide musicians with options for philanthropy by establishing charitable foundations or trusts that support their causes and provide tax benefits. Overall, estate planning is an essential aspect of financial planning for anyone in the music business, and it can help musicians and their families in securing their financial future and legacy.

Learning Objectives:


  • Recognize the importance of estate planning for musicians and music industry professionals

  • Outline the legal and financial aspects of estate planning in the music industry

  • Identify key strategies and tools for estate planning, charitable foundations, and intellectual property protection

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Gassman crotty den

Alan S. Gassman, J.D., LL.M., is a board-certified estate planning and trust lawyer who practices in Clearwater, Florida. He has an LL.M. in taxation from the University of Florida and practices in trust and estate planning, tax, wealth preservation, and the representation of physicians and medical practices.

Mr. Gassman speaks at many tax conferences, national programs, and webinar platforms, including Bloomberg BNA Tax and Accounting and the Notre Dame Tax and Estate Planning Institute.

 

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About Our Presenter

Gassman crotty den

Our firm was formed in 1987 with one lawyer and a shared secretary and receptionist to provide representation to professionals, business owners and retirees in their estate and related tax and personal planning, business and corporate needs.

Since then we have grown to 6 lawyers and over 20 staff, which we have found over the past two decades to be the best size for us. We are very proud of our team, our systems, and our dedication to providing the best and most appropriate legal services for all clients, whether big or small. Our lawyers meet together almost every morning to discuss and work together on cases, strategies and practice improvement projects in order to work the most efficiently and effectively for our clients. We like what we do and enjoy working together.