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On July 8, 1999, Nora Kolczynski (decedent) died testate as
a resident of the State of New York. The executor had a mailing
address at c/o John T. Catterson, Esq., Hauppauge, New York,
11788, when the petition was filed. The executor’s actual
address is not in the record.
On the date of decedent’s death, she held, among other
things, 100-percent ownership of DP. Decedent’s interest was
reported by the estate on its Form 706, United States Estate (and
Generation-Skipping Transfer) Tax Return. The date of death is
the valuation date in this case. The estate reported that the
value of DP on the valuation date was $4,378,013. The estate
also made a protective election on Schedule A-1, Section 2032A
Valuation.
Dawn Plantation
DP is in Greenpond, Colleton County, South Carolina, in an
area known as ACE Basin. ACE is an acronym for the Ashepoo,
Combahee, and Edisto Rivers, and ACE Basin includes about 350,000
acres of land. ACE Basin is part of the South Carolina lowlands,
and the rivers are affected by tidal changes. Because of ACE
Basin’s location, it provides a notable ecosystem, and the ACE
Basin Commission was founded to preserve ACE Basin in its natural
and pristine condition. Colleton County is in southeastern South
Carolina and is approximately 60 to 70 miles northwest from
Hilton Head, a resort and retirement community.
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Last modified: May 25, 2011