Decedent’s Charitable Intent Required to Claim the Charitable Deduction

Business Valuation Update BVLaw
Legal and Court Case Update
February 9, 1998
0212 Beef Cattle, Except Feedlots
112111 Beef Cattle Ranching and Farming
estate and gift taxation

Estate of Edna Pearce Lockett v. CIR
T.C. Memo 1998-50
Federal Court
United States Tax Court


The Tax Court considered whether the estate could claim a charitable deduc­tion for the donation of property with historic sig­nificance.

See Also

Estate of Edna Pearce Lockett v. CIR

The Tax Court denied the estate a charitable deduction for property with historic significance held in trust because, while the decedent's trust granted the trustee power to dispose of the property based on the trust document, the decedent did not possess ...