Value of Malpractice Claim Included in Decedent’s Gross Estate

Business Valuation Update BVLaw
Legal and Court Case Update
August 2, 2002
estate and gift taxation

Estate of Francis C. Glover v. CIR
T.C. Memo. 2002-186
US
Federal Court
United States Tax Court
Jacobs

Summary

The Tax Court considered the value of a malpractice claim for inclusion in the decedent’s gross estate.

See Also

Estate of Francis C. Glover v. CIR

The Tax Court considered the value of a malpractice claim for inclusion in the decedent’s gross estate. In doing so the court deviated from its normal position and used a post-valuation date settlement, as stipulated by the parties, as the starting point ...