Court Decides 44% Total Discount on Undivided Real Estate Parcels

Business Valuation UpdateVol. 4 No. 3
Legal and Court Case Update
March 1998
0811 Timber Tracts
113110 Timber Tract Operations
estate and gift taxation

Estate of Williams v. Commissioner
T.C. Memo 1998-59, 75 T.C.M. 1276
February 12, 1998
Federal Court
United States Tax Court
Donald C. Wiggins (for estate)<br>Frank Scruby (for estate)<br>Donald M. Pitts (for estate)


The Tax Court decision in the case of Estate of Ellie B. Williams adds to the body of law on the valuation of undivided real estate interests.

See Also

Estate of Williams v. Commissioner

Business Valuation and Taxes: Procedure, Law and Perspective ...