Court Criticizes Experts on Both Sides of Gift Tax Case

Business Valuation UpdateVol. 2 No. 4
Legal and Court Case Update
April 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
February 29, 1996
Federal Court
United States Tax Court


The issue is the fair market value of minority shares of a privately held life insurance company.

See Also

Rabenhorst v. Commissioner

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