Calif. Executor Seeks $3.8M Estate Tax Refund

Law360, New York (November 27, 2017, 1:14 PM EST) -- The executor of a California taxpayer's estate has asked a federal judge to grant summary judgment awarding her a $3.8 million estate tax refund in her action against the U.S., arguing the way an Internal Revenue Service regulation interprets the Internal Revenue Code provisions governing the value of a grantor retained annuity trust is "overly broad and invalid."

 

Judith Badgley, a co-executor of the estate of her mother, Patricia Yoder, asked the Northern District of California court on Nov. 20 to refund $3.8 million in estate tax, plus interest, arguing Yoder did not hold a "right to income" or "possession...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related

Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

California Northern

Nature of Suit

Taxes

Judge

Subscribers Only

Date Filed

February 22, 2017

Law Firms

Government Agencies