Important Legal Cases
- Audrey J. Walton v. Commissioner, 115 T.C. 589 (2000), acq. Notice 2003-72, 2003-44 IRB, 15 October 2003. This case established the current way that the IRS established a gift value for a GRAT.
Read more about this topic: Grantor Retained Annuity Trust
Famous quotes containing the words important, legal and/or cases:
“Our most important decisions are made while we are thinking about something else.”
—Mason Cooley (b. 1927)
“Lawyers are necessary in a community. Some of you ... take a different view; but as I am a member of that legal profession, or was at one time, and have only lost standing in it to become a politician, I still retain the pride of the profession. And I still insist that it is the law and the lawyer that make popular government under a written constitution and written statutes possible.”
—William Howard Taft (1857–1930)
“The world men inhabit ... is rather bleak. It is a world full of doubt and confusion, where vulnerability must be hidden, not shared; where competition, not co-operation, is the order of the day; where men sacrifice the possibility of knowing their own children and sharing in their upbringing, for the sake of a job they may have chosen by chance, which may not suit them and which in many cases dominates their lives to the exclusion of much else.”
—Anna Ford (b. 1943)