Summary
Tax Court denies discount due to “hazards of litigation,” and denies deduction for contingent liability claims that could not be readily ascertained at time of death, due in part to wide disparity in appraisers’ assessment of the claims.
See Also
Estate of Foster v. Commissioner
Tax Court denies discount due to “hazards of litigation,” and denies deduction for contingent liability claims that could not be readily ascertained at time of death, due in part to wide disparity in appraisers’ assessment of the claims.