Related Parties’ Buy-Sell Agreement Disregarded, but Life Insurance Proceeds Included in Value

Business Valuation UpdateVol. 10 No. 8
Legal and Court Case Update
August 2004
1611 Highway and Street Construction, Except Elevated Highways
237310 Highway, Street, and Bridge Construction
estate and gift taxation
estate tax

Estate of Blount v. Commissioner (I)
T.C. Memo. 2004-116
May 12, 2004
Federal Court
United States Tax Court
R. Douglas Wright
John T. Grizzle (for estate) <br> Gerald M. Fodor (for estate) <br> James R. Hitchner (for IRS)


The issue in this estate tax case was the value of decedent’s interest in a closely held company on the date of his death.

See Also

Estate of Blount v. Commissioner (I)