In this article, Gerzog discusses Estate of Olivo, in which the Tax Court determined the deductibility under section 2053 of a claim against the decedent’s estate for eldercare services provided by a family member

In Van Alen, the Tax Court held that the duty of consistency required that two of the decedent’s children use the section 2032A basis valuation figures to determine gain on the sale of their interest in the decedent’s ranch, which was left to them in trust. The siblings had argued that their...

The Tax Court's Koons decision explains the rules for allowing an estate to deduct interest payments, and it details how the court arrived at a determination of the value of a family limited liability company interest

In this second article on the Fifth Circuit's opinion in McCord (the first is at http://ssrn.com/abstract=939538), the author discusses the gift tax reduction attributable to the donees' assumption of the donors'/decedents' potential section 2035 liability

This article discusses the recent Focardi Tax Court opinion that denies grantor retained annuity trust (GRAT) qualification for a grantor's retained interest with a revocable spousal interest contingent on both the grantor's death within the term and on the grantor's decision not to revoke his...

Last spring the IRS issued Rev. Proc. 2005-24, applicable to the qualification of inter vivos charitable remainder annuity trusts (CRATs) and charitable remainder unitrusts (CRUTs) when the surviving spouse can satisfy her statutory elective share from the assets of a charitable remainder trust...