Environmental Litigation Settlement Deductible From the Gross Estate

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August 20, 1999
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Estate of Robert L. Snyder v. United States of America
84 AFTR2d Par. 99-5255 (Fed. Cl. 1999)
US
Federal Court
Federal
United States Court of Federal Claims
Turner

Summary

The Court of Federal Claims permitted the estate to deduct a environmental liability settlement over the objection of the IRS.

See Also

Estate of Robert L. Snyder v. United States of America

The Court of Federal Claims permitted the estate to deduct a environmental liability settlement over the objection of the IRS. The estate held a landfill in a trust. The Landfill was a Superfund site on the 1986 date of death. In 1997, the environmental ...