Future Events Not Relevant in Valuation of Restricted Stock

Business Valuation Update BVLaw
Legal and Court Case Update
January 12, 1987
3826 Laboratory Analytical Instruments
334516 Analytical Laboratory Instrument Manufacturing
estate and gift taxation
estate tax, fair market value (FMV)

Estate of Gilford v. Commissioner
88 T.C. 38, 88 T.C. No. 4, 1987 U.S. Tax Ct. LEXIS 4
Federal Court
United States Tax Court


The Tax Court considered the value of publicly traded stock.

See Also

Estate of Gilford v. Commissioner

Issue for decision is the date of death fair market value of 381,150 shares of Gilford Instrument Laboratories, Inc. common stock .