- 4 - coin collection (Armin's papers). Jane Allen died testate in 1981 and her children, petitioners Jeanne Korson, Armin B. Allen, and John H. Allen (collectively, the children), received those ledgers, items, and papers by devise. The children also received papers that their mother compiled, some of which relate to her dispersal of some of the coin collection (the Jane Allen papers). Each of the children was a co-executor of Jane Allen's estate (the estate). A Federal estate tax return was filed on behalf of the estate and each of the children signed that tax return. That return did not include Armin's half of the coin ledgers, Armin's half of the photocopy, the Chicago Coin Co. papers, the coin envelopes, the Virgil Brand estate papers, Armin's papers, or the Jane Allen papers as assets of the estate because none of the children believed that those items had any market value. Jane Allen's estate also included part of the coin collection. The executors of the estate devised a marketing plan in an attempt to maximize the value of those coins. They decided to promote Virgil Brand's name in order to develop his identity as a unique numismatic collector and to publicize his life as well as the coin collection. To that end, the executors arranged to have a book published in 1983 that profiled Virgil Brand and the coin collection.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011