Aggregation Denied

Business Valuation Update BVLaw
Legal and Court Case Update
July 8, 1999
estate and gift taxation

Estate of Ambrosina Blanche Lopes v. CIR
T.C. Memo. 1999-225
US
Federal Court
United States Tax Court
Gerber

Summary

The Tax Court considered a motion for summary judgment regarding whether undivided interests the estate owned and included in the gross estate under IRC sec. 2036 should be aggregated with interests included in the same estate under IRC sec. 2044.

See Also

Estate of Ambrosina Blanche Lopes v. CIR

The Tax Court concluded that fractional interests in real property includable the gross estate under IRC sec. 2036 and the decedent's right to receive income from the same properties from a trust includible in her estate under IRC sec. 2044 should not be ...