Estate of Mary P. Bolles v Commissioner, T.C. Memo 2020-71 (June 1, 2020)

The Tax Court, in a Memorandum Decision, found that a decedent’s transfers to her son over several years were initially loans to him bu the became a series of gifts.

See full opinion by clicking Estate of Mary P. Bolles v Commissioner, T.C. Memo 2020-71 (June 1, 2020).

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s