Summary
After decedent's death, her estate filed returns listing the value of decedent's 99% partnership interest as $1.257 million.
See Also
Kimbell v. United States
The U.S. District Court for the Northern District of Texas determined that a transfer of assets from a trust controlled by the decedent in exchange for a 99% limited partnership interest and a 50% interest in the corporate general partner was not a bona f ...