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for: ‘May, 2012’

Property of a Family Limited Partnership Should Not be Included in a Decedent’s Estate

In Estate of Kelly v. Commissioner, T.C. Memo 2012-73, the Tax Court held that property of a family limited partnership should not be included in a decedent’s estate even when the decedent owned all of the ownership interest in the corporate general partner and even when a management fee was paid to the corporation which […]

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