Abstract

http://ssrn.com/abstract=1592128
 
 

Footnotes (54)



 


 



FLP in the Black


Wendy C. Gerzog


University of Baltimore - School of Law

April 19, 2010

Tax Notes, Vol. 127, No. 3, 2010

Abstract:     
In Estate of Black, because the Tax Court held the Blacks' transfers fell within the bona fide sales exception of section 2036, they were successful at avoiding the application of the provision. Thus, they were able to obtain valuation discounts for their transfers of property (mostly marketable securities) to their son and grandchildren. The court also decided the marital trust funding valuation date issue in the executor's favor and allowed almost half of the claimed administrative expense deductions.

Number of Pages in PDF File: 5

Keywords: estate tax, family limited partnership, FLP, section 2036, bona fide sales, marital deduction, administrative expense, section 2056, section 2053, valuation discounts, estate of Black

JEL Classification: H20, H24, H29, K34

Accepted Paper Series





Download This Paper

Date posted: April 19, 2010  

Suggested Citation

Gerzog, Wendy C., FLP in the Black (April 19, 2010). Tax Notes, Vol. 127, No. 3, 2010. Available at SSRN: http://ssrn.com/abstract=1592128

Contact Information

Wendy C. Gerzog (Contact Author)
University of Baltimore - School of Law ( email )
1420 N. Charles Street
Baltimore, MD 21218
United States
410-837-4522 (Phone)
Feedback to SSRN


Paper statistics
Abstract Views: 1,050
Downloads: 125
Download Rank: 138,149
Footnotes:  54
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo3 in 0.391 seconds