News and Case Studies

Court Case – Estate of Charlene B. Shurtz vs. Comissioner

Estate of Charlene B. Shurtz vs. Commissioner, T.C. Memo 2010-21, February 3, 2010.

Mrs. Charlene Shurtz was born in 1925 and was one of three children of Charles and Bonnie Barge.  The Barge family owned and managed 45,197 acres of timberland in the state of Mississippi.   Mrs. Shurtz married Reverend Richard Shurtz, and their family, lived and performed missionary work in Mexico and Braz…

Court Case Update – Estate of Anne Y. Petter v. Commissioner

Estate of Anne Y. Petter vs. Commissioner, T.C. Memo 2009-280, December 7, 2009.

The Facts:                                           

Ms. Petter was a schoolteacher in the state of Washington for her entire life.  In 1982, Ms. Petter inherited several million dollars worth of stock from her uncle, who had been one of the first investors in what later…

Court Case Update – Estate of Samuel P. Black v. Commissioner

Estate of Samuel P. Black, Jr. vs. Commissioner, 133 T.C, No. 15, December 14, 2009.

 The Facts:                                             

Mr. Samuel Black (“Mr. Black”) was employed by Erie Indemnity Company (“Erie”) in various ways (employee, officer and director) from 1927 until he retired from the board of directors in 1997 (at the ag…

Court Case Update – Estate of Roger D. Malkin et al v. Commissioner

Estate of Roger D. Malkin et al. v. Commissioner; T.C. Memo 2009-212; September 16, 2009

The Facts:                                           

Mr. Roger Malkin was the chairman and chief executive officer of Delta & Pine Land Co. (D&PL) from 1980 until his death in November of 2000.  During the time in which he was employed, Mr. Malkin…

Court Case Update – David E. Heckerman v. United States

David E. Heckerman et ux. V. United States; No. 2:08-cv-00211, July 27, 2009

The Facts:                                             

During the fall of 2001, David Heckerman and his wife (“Mr. and Mrs. Heckerman” or “the Heckerman’s”) sought advice regarding setting up a plan to pass along property to their two minor children that would mak…

Court Case Update – Litchfield v. IRS

Estate of Marjorie deGreeff Litchfield, Deceased, George B. Snell and Peter deGreeff Jacobi, Coexecutors vs. Commissioner of Internal Revenue Service, Respondent, T.C. Memo 2009-21, January 29, 2009.

The Facts: 

Marjorie deGreeff Litchfield (“Ms. Litchfield”) died on April 17, 2001.  Her husband had previously died back in 1984.  The estate for Ms. Litchfield elected the alternat…

Court Case Update – Estate of Valeria Miller v. Commissioner

Estate of Valeria M. Miller, Deceased, Virgil G. Miller, Executor, Petitioner vs. Commissioner of Internal Revenue, Respondent, T. C. Memo 2009-119, May 27, 2009.

 The Facts:                                             

Valeria M. Miller married her husband Mr. Miller in 1938 and they remained married until his death on February 2, 2000.  Mr. and…

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