- 2 - Background Dora Halder (decedent) died on April 21, 1997, in New York, New York. Decedent’s daughter, Anita Halder MacDougall, resided in Oyster Bay, New York, when the petition was filed in this case. The petition disputed, among other adjustments, respondent’s determination in the notice of deficiency that the fair market value of decedent’s interest in the limited partnership was $1,627,960 on the date of death. On October 17, 2001, the Court set the trial date for March 18, 2002. On December 14, 2001, the parties met with Appeals Officer Howard H. Lindenbaum (Mr. Lindenbaum) to discuss the case. Mr. Lindenbaum, respondent’s counsel Monica E. Koch (Ms. Koch), the estate’s counsel Robert D. Whoriskey (Mr. Whoriskey) and co- counsel Charles R. Goulding (Mr. Goulding), and the estate’s accountant Gordon S. Sherland (Mr. Sherland) were present at this meeting. The parties discussed the value of the limited partnership. The estate’s representatives indicated that they would make an offer of settlement following this meeting. On January 10, 2002, Mr. Sherland sent Mr. Lindenbaum a settlement proposal in which Mr. Sherland proposed that, as a starting point for the calculation, the limited partnership be valued at $869,000 in 1987, when the estate claims the limited partnership was formed.Page: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011