Schauerhamer v. Commissioner

Full Text of Court Cases
May 28, 1997
5211 Lumber and Other Building Materials Dealers
444190 Other Building Material Dealers
estate and gift taxation
estate tax

Schauerhamer v. Commissioner
T.C. Memo 1997-242, 1997 Tax Ct. Memo LEXIS 277
Federal Court
United States Tax Court


At issue is whether the value of certain assets transferred to family partnerships is includable in the decedent's gross estate.

See Also

Deposits of FLP Income to Personal Bank Account Cause Disallowance of Gifts

The decedent, Dorothy Schauerhamer, established three partnerships to which she gifted assets, primarily commercial real estate.

Family Limited Partnership Disregarded Where Decedent Used Partnership Funds for Personal Expenses

The Tax Court concluded that three family limited partnerships should be disregarded and the value of their assets included in the value of the decedent's gross estate under IRC sec. 2036.