Adams v. U.S. (I)

Full Text of Court Cases
March 17, 1999
6798 Real Estate Investment Trusts
531190 Lessors of Other Real Estate Property
estate and gift taxation
fair market value (FMV), assignee interest

Adams v. United States (I)
Federal Court
United States District Court


At issue is the price that a hypothetical buyer would pay on the valuation date for a 25% assignee interest in a dissolved Texas general partnership.

See Also

Adams v. United States (I)

The dispute in this case focuses on disagreement regarding discounts that the court should apply to reach the actual value of a 25% assignee interest.