Tax Court holds decedent's participation in family business doesn't amount to ownership In Estate of Fortunato v. Comm'r, T.C. Memo 2010-105 (May 12, 2010), the Tax Court held that Robert Fortunato, who had previously been convicted of robbery and...
Like you, I always knew non-tax issues in estate planning were important. But I never realized how important. With the chaos in 2010 on the tax side of estate planning and the virtual inability to offer certainty, coupled with the high cost of...
Tax Court holds that the discount for the tax on built-in gains should take into account both future appreciation on property and the present value discount for the projected capital gains tax In Estate of Jensen v. Comm'r, T.C. Memo 2010-182 (Aug...