Tax Consequences of Partition Not Considered

Business Valuation Update BVLaw
Legal and Court Case Update
March 18, 1997

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0191 General Farms, Primarily Crop
111998 All Other Miscellaneous Crop Farming
Mark Anderson, et al. v. Bernard Anderson
No. CX-96-1414 (MN App. 1997), unpublished
US
State Court
Minnesota
Court of Appeals
Kalitowski

Summary

The Minnesota Court of Appeals affirmed the lower court's decision not to consider the capital gains taxes arising from a partition of farmland. The lower court additionally ordered owelty to equalize the partition. It the rejected the argument based in ...

See Also

Mark Anderson, et al. v. Bernard Anderson

Full Text of Court Cases
March 18, 1997

The Minnesota Court of Appeals affirmed the lower court's decision not to consider the capital gains taxes arising from a partition of farmland. The lower court additionally ordered owelty to equalize the partition. It the rejected the argument based in ...