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SAG Protects Young Performers – Coogan Law

Your Host Marta McGonagle
Published: Tuesday, November 2nd, 2010

 

 

 

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Title: SAG Takes Off Kid Gloves When Fighting for Young Performers

 

The Coogan Law was the result of the much-publicized travails of 1920’s child star Jackie Coogan, a worldwide entertainment sensation.

 

“We have all heard horror stories about young performers and teir families that fall victim t so-called acting or modeling scams. The businesses often charge exorbitant up-front fees and advertise expensive classes, photographers, or other services through their own company or third-party vendors directly or indirectly related to them. At the end of the day, the victims may have little t show for their efforts except an empty wallet and crushed dreams.”

 

Young performers and t heir partents have resources available to them from the Screen Actors Guild. The SAG National Young Performers Committee regularly plans events and panel discussions in both Hollywood and New York to assist young performers and their families. Parents should obtain The SAG Young Performers Handbook, which is a great resource for parents to have on set when questions arise. And, SAG.org features updated online resources for parents regarding state statutes and Coogan Laws. The Coogan Law requires that a special “trust account” be set up at a bank, credit union, or brokerage firm in order to set aside 15% of gross wages on a minor’s behalf. The earnings are held in trust until the actor turns 18.
Who was Coogan? The Coogan Law was the result of the much-publicized travails of 1920’s child star Jackie Coogan, a worldwide entertainment sensation, who discovered when he turned 21 that non of his substantial earnings had been set aside for him. The bulk of his worth ended up in the hands of his mother and stepfather, who claimed they were entitled to it. State law agreed so the law was changed in 1939 and called the Coogan Law to protect future young performers, For further information about protecting our young performers, please visit www.SAG.org

 

 

 

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