ESTATE OF WEINSTEIN v. U.S.

No. 85-1763.

820 F.2d 201 (1987)

ESTATE OF Beatrice WEINSTEIN, Plaintiff-Appellant, v. UNITED STATES of America, Defendant-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided June 4, 1987.


Attorney(s) appearing for the Case

Jack Weinstein, Saginaw, Mich., for plaintiff-appellant.

Michael L. Paup, Glenn L. Archer, Jr., Tax Div. — Dept. of Justice, Washington, D.C., Roger M. Olsen, Robert A. Bernstein, Nancy G. Morgan, argued, for defendant-appellee.

Before ENGEL, JONES and NELSON, Circuit Judges.


DAVID A. NELSON, Circuit Judge.

This is a federal estate tax case that turns on whether a decedent's interest in a certain trust established by the decedent's late husband was capable of valuation under "recognized valuation principles," a term used in the pertinent Internal Revenue Service regulations. If the widow's interest could be so valued, her estate was entitled to an estate tax credit in the amount of a portion of the taxes paid on the husband's estate, the...

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