Husband's Partnership Interest Is Martial Property, Court Affirms
The primary issue in this case was whether the husband's interest in a partnership was marital property.
Gross Estate Includes Date-of-Death Value of Assets Transferred to Family Limited Partnership
The issue in this case was whether decedent's gross estate included the value of interests in two family limited partnerships: the Thompson Turner Family Limited Partnership ("Turner Partnership") and the Thompson Family Limited Partnership ("Thompson Partnership").
Estate of Thompson v. Commissioner
The issue in this case was whether decedent's gross estate included the value of interests in two family limited partnerships.
Bobrow v. Bobrow
One of the issues in this marital dissolution was the value of the husband's partnership interest in the accounting firm of Ernst & Young ("E&Y").
Homan v. Homan
Issue was whether the husband's interest in a partnership was marital property.
Conti v. Christoff
At issue is whether the trial court was required to use a valuation method based solely upon the raw assets of the partnership, or whether the court could order further factfinding based on a different valuation method.
Fair Cash Value Not Error in Valuation of Partnership Interest
This case was on appeal from a magistrate's findings and the trial court's rulings regarding valuation of a 25% limited partnership interest.
Stewart v. Stewart
At issue is the valuation of husband's partnership interest in an accounting firm.
Valuation of Partnership Interest in West Virginia Must Consider Partnership Obligations
The valuation issue in this marital property distribution appeal concerned the husband's partnership interest in his accounting firm. The trial court valued his interest at $200,000 and requ ...
Estate of Hoffman v. Commissioner
At issue is the fair market value of property interests held by decedent at the time of her death.
Appraisers Apply Myriad of Valuation Techniques to Various Estate Holdings
Marcia Hoffman's (decedent) estate held a 27.5% interest in Clubside Partnership, which was family owned.
L.R.M. v. R.K.M.
Husband also contends that the court erred in valuing his partnership interest.
Fair market value of law firm partnership interest includes more than capital account value
The valuation issue raised in this marital dissolution concerned the husband's partnership interest in a law firm.
Partnership Agreement Not Indicative of Goodwill
The primary issue in this marital dissolution is the value of Husband's partnership interest in his law firm of Hunton & Williams.
For what it's worth...
"What is an Assignee Interest Worth?" David M. Eskstein, Valuation Strategies , January/February 2000, pp. 18-25, 46. Although a few recent court cases, such as Estate of Nowell, T.C. 1999-15 (19 ...
Trial court erred in splitting accounts receivable considered in buy-out valuation
The Experts: Gregory D. Anderson, CPA, CVA (court appointed) Horne CPA Group Kenneth Lefoldt, Jr., CPA (for Hensarling) Lefoldt & Company Two rheumatologists, James K. Hensarli ...
Howell v. Howell (II)
At issue is whether the trial court erred in valuing husband's interest in his law firm.
Evidence presented at trial determines result
LK comment: We reported on the trial court opinion in this case in the April 1999 issue, and published comments by expert Robert P. Raymond in the June 1999 issue.
IRS audits family limited partnerships
A client of mine received the attached questionnaire from the Internal Revenue Service concerning preparations for a possible audit of his FLP. I am told that a number of FLPs have received ...
Brenengen v. Brenengen
At issue is the valuation of husband's minority interest in a family partnership.
Court Disallows Minority Discount When the Partner Can Force the Dissolution of the Partnership
The primary issue in this case is the valuation of the husband's partnership interest. He claims that since he holds a minority interest in the company, it is appropriate to apply a minority ...
Grunfeld v. Grunfeld
At issue is the valuation and distribution of the value of a spouse's professional license and professional practice.
Double counting figures in valuing husband's law firm partnership, license
The main issue in this marital dissolution is the valuation and distribution of husband's partnership interest in his law firm, and his professional license.
Landmark court cases give educational insights
In ASA and AICPA classes that I taught in the last month, I cited certain landmark court cases, and several students who were already newsletter and BVU Online subscribers suggested that I share the ...
Aggregation of estate interests
Assume Dad owns 100% of the general partnership interest in a limited partnership, and substantially all the limited partnership interests. The general partner has the unilateral right to s ...