Summary
The 10th Circuit Court of Appeals decided an issue of first impression.
See Also
Estate of Evelyn M. McMorris v. CIR
The Tenth Circuit Court of Appeals decided an issue of first impression. It ruled that claims against an estate, being deductible under IRC Sec. 2053 (a)(3), should be valued as of the date of death. Thus, it reversed the Tax Court and refused to permit t ...