Favell v. Favell
One issue in this case was the deduction in value due to a covenant not to compete.
Court upholds initial value of sex offender's company
In our January 1996 issue (p. 8) we reported that the Indiana Court of Appeals reversed the $328,000 valuation of Quillen Construction Inc., as concluded by the trial court based on expert ...
Gervais v. Gervais
Issue is whether shares of stock transferred to husband were gifts, thereby making them separate property.
Court Rejects All Experts; Articulates Tax Valuation Principles
The issue is the fair market value of certain assets Pabst transferred to G. Heileman Brewing Co. during the taxable period ended March 19, 1983.
Court Rejects 'Entire Earning' Methodology in Divorce Case
This case was reopened based on the decision handed down in McSparron v. McSparron (See January 1996 Legal & Court, p.8). At issue is the determination of the value of the defendant ...
Partnership Valuation Focuses on Minority, Marketability Discounts
The issue is the value of one general partnership unit (out of 95) in FC Partners as of decedent's date of death, Dec. 31, 1989.
Pabst Brewing v. Commissioner
At issue is the fair market value of certain assets that petitioner transferred to G. Heileman Brewing Co. during the taxable period ended March 19, 1983.
Barudin v. Commissioner
At issue is the proper date-of-death value of decedent's ownership unit in a partnership that owned real property in New York City.
Rochelle v. Harold
At issue is the valuation of husband's license to practice law.
Quillen v. Quillen (II)
At issue is the valuation of couple's construction business.
Criminal Charges Not a Factor in Setting Valuation Date
The Indiana Supreme Court reversed the appellate court and upheld the lower court's decision to set the valuation date as the date of separation. The business substantially decreased in value after that date due to the husband-owner's incarceration for s ...
Scanlan v. Commissioner
At issue is the value of decedent's stock in Eatelcorp, Inc. on the date of his death and the date of a gift that was made approximately 3 months beforehand.
Thorough Update of Reports Essential
The Tax Court valued an undivided 50% interest in a closely held telecommunications company as of the 1991 valuation date. The court rejected the IRS' argument that a 1994 redemption of all non-Scanlan family stock was indicative of the 1991 fair market.
Estate Tax Value Must Be Valued at Moment of Death
The sole issue in this case was whether a discount for restricted stock was appropriate when the restrictions that applied to the public stock during the decedent's lifetime became inapplicable by reason of the decedent's death.
Mallett v. Mallett
Issue was the proper valuation date of husband's insurance agency.
McClatchy v. Commissioner
At issue is whether certain securities law restrictions that applied to shares of stock of McClatchy Newspapers, Inc. owned by decedent during his lifetime, but which became inapplicable by reason of decedent's death.
Hickum v. Hickum
Issues include the proper valuation date and the valuation to be assigned to wife's cosmetics business.
Preis v. Preis
One issue in this case was whether the valuation of the husband's stock in the law corporation should be valued at the end of the community or at the time of trial.
In re Marriage of Thomas
At issue is the valuation of the family janitorial business.
In re Marriage of Lopez
One issue in this case was the inclusion of goodwill in the valuation of an insurance business.
Estate of Mueller v. Commissioner
Issue for decision is the date-of-death fair market value of the 8,924 shares of common stock of the Mueller Co. (the Company) included in the gross estate of Bessie I. Mueller (decedent).
Estate of Mueller v. Commissioner
The pertinent issue in this case was the date of death value of minority shares included in the estate.
Dunn v. Dunn
Issue include whether the trial court abused its discretion in excluding from the marital estate husband's professional corporation and royalties from an artificial knee contract.
Sommerfield v. Sommerfield
Issue is whether the trial court erred in valuing husband's accounting business without regard to the worth of its goodwill.
Gioia v. Gioia
Issues included the proper valuation date of husband's 50% business interest, and whether certain aspects of the trial court's valuation were proper.