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:
“That a majority of women do not wish for any important change in their social and civil condition, merely proves that they are the unreflecting slaves of custom.”
—Lydia M. Child (1802–1880)
“We should stop looking to law to provide the final answer.... Law cannot save us from ourselves.... We have to go out and try to accomplish our goals and resolve disagreements by doing what we think is right. That energy and resourcefulness, not millions of legal cubicles, is what was great about America. Let judgment and personal conviction be important again.”
—Philip K. Howard, U.S. lawyer. The Death of Common Sense: How Law Is Suffocating America, pp. 186-87, Random House (1994)
“To think is of itself to be useful; it is always and in all cases a striving toward God.”
—Victor Hugo (1802–1885)