Rabenhorst v. Commissioner

BVLaw
Full Text of Court Cases
February 29, 1996
6311 Life Insurance
524113 Direct Life Insurance Carriers
estate and gift taxation
fair market value (FMV)

Rabenhorst v. Commissioner
T.C. Memo 1996-92
US
Federal Court
United States Tax Court
Wright

Summary

At issue is the fair market value of stock which petitioners gave to their children.

See Also

Court criticizes experts on both sides of gift tax case

The issue is the fair market value of minority shares of a privately held life insurance company. Taxpayer made gifts of stock in December 1988 based on an appraisal at $385 per share as ...