Frederick's of Hollywood Stock Not Aggregated for Valuation; 25% Blockage Discount Applied

Business Valuation UpdateVol. 5 No. 6
Legal and Court Case Update
June 1999

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (356 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
5632 Women's Accessory and Specialty Stores
448190 Other Clothing Stores
estate and gift taxation
fair market value (FMV)
Estate of Mellinger v. Commissioner of Internal Revenue
112 T.C. 26, 112 T.C. No. 4, 1999 U.S. Tax Ct. LEXIS 4
January 26, 1999
US
Federal Court
United States Tax Court
Curtis R. Kimball (for estate)<br>Ira M. Cotler (for estate)<br>David N. Fuller (for IRS)
Cohen

Summary

Decedent, the widow of Frederick N. Mellinger, held Frederick's of Hollywood stock in three capacities: (1) as income beneficiary of a QTIP irrevocable marital trust her predeceased husband established under IRC § 2056(b)(7); (2) as beneficiary of a revocable trust that she established herself; and (3) 50 shares outright.

See Also

Estate of Mellinger v. Commissioner of Internal Revenue

Full Text of Court Cases
January 26, 1999

At issue is the valuation of the decedent's stock at death.