Tax Court Finds Good Family Gives Rise to Good FLP Case

Business Valuation UpdateVol. 16 No. 4
Legal and Court Case Update
April 2010
2411 Logging
113310 Logging
federal taxation

Estate of Shurtz v. Commissioner
2010 WL 374528 (U.S. Tax Ct.)
February 3, 2010
US
Federal Court
Federal
United States Tax Court
Gwendolyn C Walker, Harris H Barnes
Jacobs

Summary

Tax Court finds legitimate, nontax business purpose in FLP’s active management and preservation of timber, and its protection against creditors.

See Also

Estate of Shurtz v. Commissioner

Tax Court finds legitimate, non-tax business purpose in FLP’s active management and preservation of timber, and its protection against creditors.