Document Type
Article
Publication Date
5-28-2012
Abstract
The Wandry decision extends the application of defined value clauses beyond those family limited partnership cases that transfer any excess value to a charity. In Wandry, the Tax Court reads Procter narrowly and ignores the fundamental rationale of Robinette.
Recommended Citation
Wandering Far Afield with Defined Value Clauses, 135 Tax Notes 1171 (May 28, 2012)
Included in
Estates and Trusts Commons, Taxation-Federal Commons, Taxation-Federal Estate and Gift Commons, Tax Law Commons