FLP Planning after Strangi, Kimbell and Thompson footnotes

¹Marian A. Byrum, 408 US 125 (1972).

²Est. of Albert Strangi, TC Memo 2003-145, on remd from Rosalie Gulig, 293 F3d 279 (5th Cir. 2000), affg in part and revg and remg in part 115 TC 478 (2000). In the original appeal, the Fifth Circuit reversed the Tax Courts earlier decision and allowed the IRS to amend its answer to include the Sec. 2036 argument.

³David A. Kimbell, Sr., 371 F3d 257 (5th Cir. 2004), vacatg and remg 244 FSupp2d 700 (DC TX 2003).

⁴Blacks Law Dictionary (West, 7th ed., 1999), p. 103.

⁵See Brief for Amicus Curiae in Support of Neither Party on Behalf of American College of Trust and Estate Counsel (hereinafter cited as Brief), available at www.leimbergservices.com/pdfs/ StrangiACTECAmicusCuriaeBrief.pdf.

⁶See Byrum, note 1 supra, at 136.

⁷See id. at 138.

⁸See Brief, note 5 supra, at p. 23.

⁹See id. at p. 7.

¹⁰See Rev. Rul. 81-15, 1981-1 CB 457.

¹¹See Est. of Charles Gilman, 65 TC 296 (1975), affd, 547 F2d 32 (2d Cir. 1976); and Est. of Abraham Cohen, 79 TC 1015 (1982).

¹²See Brief, note 5 supra, at p. 7.

¹³Est. of Theodore R. Thompson, TC Memo 2002-246, affd sub nom. Betsy T. Turner, 3d Cir., 9/1/04.

¹⁴Blacks Law Dictionary (West, 5th ed., 1979), p. 161.

¹⁵Est. of Thompson, note 13 supra, citing Gregory v. Helvering, 293 US 465, 469 (1932).