Buy-Sell Agreements Rejected in True Case
November 1, 2001
Curtis R. Kimball, CFA, ASA
The Tax Court decided that all of the buy-sell agreements for six family-owned business interests in the case Estate of H. A. True et al. v. Commissioner [T.C. Memo 2001-167 (July 6, 2001)] did not control the fair market values of the interests for gif ...