T.C. Memo. 2002-246                                  
                               UNITED STATES TAX COURT                                
             ESTATE OF THEODORE R. THOMPSON, DECEASED, BETSY T. TURNER,               
                              EXECUTRIX, Petitioner v.                                
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
               Docket No. 7578-99.             Filed September 26, 2002.              
               Victor F. Keen and Thomas W. Ostrander, for petitioner.                
               Joseph M. Abele, Joellyn R. Cattell, James C. Fee, Jr.,                
          and David A. Breen, for respondent.                                         
                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               JACOBS, Judge:  Respondent determined a $707,054 deficiency in         
          the Federal estate tax of the Estate of Theodore R. Thompson.               
          Hereinafter, Theodore R. Thompson is referred to as decedent and            
          his estate as decedent’s estate.                                            
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