Estate of Doris L. Rickman, Deceased, Doris K. Rickman, Executrix - Page 5

                                        - 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 deficiency                






Page:  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