- 5 - VALUE BASED ON APPRAISAL, COPY WHICH IS ATTACHED 1 LOT; PALMER STREET BUILDING $250,000 FRANKLIN, N.C. VALUE BASED ON APPRAISAL, COPY WHICH IS ATTACHED 3 ACRES; ROAD 1314; FRANKLIN, N.C. $17,520 VALUE BASED ON CURRENT YEAR COUNTY APPRAISAL 3 ACRES; CARSON PROPERTY; ROAD 1315 $17,520 FRANKLIN, N.C. VALUE BASED ON CURRENT YEAR COUNTY APPRAISAL 2.25 ACRES; ROAD 1164; FRANKLIN, N.C. $10,260 VALUE BASED ON CURRENT YEAR COUNTY APPRAISAL. The Form 706 filed on behalf of the Estate of James R. Rickman includes a statement that his entire estate passed to decedent (Doris L. Rickman) outright. The Form 706 filed on behalf of petitioner includes a Schedule A identical in all respects to the Schedule A included with the Form 706 filed on behalf of the Estate of James R. Rickman. Line 4 on the Form 706 filed on behalf of petitioner, relating to the amount of adjusted taxable gifts, is blank. On May 20, 1994, respondent issued a notice of deficiency addressed to the Estate of Doris L. Rickman, Deceased, Doris K. Rickman, in care of T. Scott Tufts, petitioner's counsel. The notice of deficiency sets forth respondent's determination of a deficiency in petitioner's Federal estate tax in the amount of $190,785. There is no dispute that the notice of deficiencyPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: May 25, 2011