4 Pages Posted: 21 May 2009
Date Written: May 11, 2009
The article discusses Negron and the circuit split on the issue of whether to value non-assignable lottery payments in a decedent's estate by means of the actuarial tables or whether that value needs to be discounted for non-marketability.
Keywords: estate tax, Negron, lottery payments, non-marketability discount, valuation, Ithaca Trust
JEL Classification: H20, H29, K34
Suggested Citation: Suggested Citation
Gerzog, Wendy C., Negron: Circuits Now Split 2-2 (May 11, 2009). Tax Notes, Vol. 123, No. 6, 2009. Available at SSRN: https://ssrn.com/abstract=1402647