New York socialite Taylor Stein is the mother of a love child with the Estee Lauder heir, William Lauder. They met at a party at Lauder's Aspen Colorado mansion in 2000, when he was married to his wife Karen, who is the mother of two of his daughters.
Celebrity Net Worth’s recent article entitled “Estee Lauder Heir Embroiled In Legal Drama With Baby Mama” says that Lauder and Stein's affair began a year later and in 2005, she got pregnant.
Lauder reportedly asked Stein to terminate the pregnancy because he was in the middle of a contentious divorce from Karen. Their marriage ultimately ended in 2009, but Stein got pregnant again in 2006 and their daughter was born in May 2007. Lauder moved Stein and his baby daughter to Aspen to keep his personal life out of the limelight.
Lauder is the grandson of Estee Lauder and is the executive chairman of Estee Lauder.
Taylor Stein is the daughter of the late Howard Stein, who was a New York City nightclub impresario behind 80s hot spots Au Bar and Xenon. Her grandfather Ruby Stein was a loan shark who was murdered. His headless body was found floating in Jamaica Bay in 1977.
Stein and Lauder have had a difficult relationship for years. In November 2012, Stein was arrested after she allegedly punched Lauder in the face during a fight they had on a street in Los Angeles. She pled guilty to a domestic assault charge and was sentenced to 19 days of community service.
Stein reportedly signed an agreement with Lauder in 2007 that would give her one million dollars every year provided she didn't publicly disclose who the father of her child was and that she stayed at least 100 yards away from any member of the Lauder family in New York, Aspen and Palm Beach.
Their battle was recently reignited in late 2020, when their 13-year-old daughter put a post on social media saying her parents were divorced. Lauder saw this as a violation of the 2007 agreement. Stein is now accusing Lauder of backing out of their arrangement to support them. She also allegedly accused Lauder of a campaign of harassment against her, including hiring private detectives to watch her.
In 2018, she filed a complaint that Lauder was refusing to honor their agreement and was trying to evict her, their teenaged daughter and the 10-year-old son Stein adopted from their 6,000-square-foot, six-bedroom, five-bathroom home.
Stein and Lauder appeared to have reached a settlement in the fall of 2020, until the social media post irked Lauder and sent him fuming again.
Reference: Celebrity Net Worth (March 30, 2021) “Estee Lauder Heir Embroiled In Legal Drama With Baby Mama”
The IRS said that Aretha Franklin’s estate owed more than $7.8 million in unpaid income taxes, interest and penalties from 2010 to 2017.
The Detroit Free Press’ recent article entitled “Aretha Franklin estate reaches deal with IRS to pay off claimed $7.8 million tax debt” reports a big breakthrough. It seems that Franklin’s four sons and the IRS have reached a settlement that would expedite the payment of the remaining tax burden and allow her sons access to some of the money from their late mother’s fortune.
Aretha’s heirs have not yet inherited anything from the estate because of the IRS situation.
In a petition filed February 19 in Oakland County Probate Court, the estate said the proposed arrangement includes an immediate $800,000 payment to the IRS. This is despite the fact that the estate continues to question the total tax bill owed.
Since her death, Franklin’s estate has been steadily paying on the tax debt, as well as the constantly growing interest, as it appeals the IRS’s claimed total. As of December 2020, the balance was $4.75 million.
The new petition says the final IRS bill will be determined “by agreement or litigation.”
The agreement between the estate and the IRS details the way in which Aretha’s posthumous revenue will be distributed, until the tax debt is resolved. Backdated to January 1 of this year, it includes new income from song royalties, licensing agreements and other money streams. This agreement states that 45% of quarterly revenue will go toward the existing IRS balance. 40% would also be earmarked for an escrow account to deal with the taxes due on the newly generated income. The other 15% of revenue would be used for managing the estate.
The agreement also provides an immediate $50,000 payment to each of Franklin’s four sons and approves quarterly cash payouts to them. This proposed deal, authorized by 10 attorneys representing the sons, was submitted to the court by attorney Reginald Turner. The Detroit lawyer and incoming American Bar Association president was appointed last year as temporary personal representative of the Franklin estate. The agreement has to be approved by Judge Jennifer Callaghan to be executable.
Franklin died in August 2018, after a long battle with cancer.
Reference: Detroit Free Press (March 1, 2021) “Aretha Franklin estate reaches deal with IRS to pay off claimed $7.8 million tax debt”