Tax Court rules in favor of taxpayer in family limited partnership case, noting the marital deduction — In Estate of Charlene B. Shurtz v. Commissioner, T.C. Memo 2010-21, the Tax Court held for the taxpayer that assets transferred to a family limited partnership (FLP) were not included in the decedent's gross estate under Internal Revenue Code Section 2036.
Charlene Shurtz, along with her two siblings, inherited from her parents interests in a family business
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]