Just prior to his death, Jameson, a prominent attorney, was sued by a former client. The suit alleged malpractice on the part of Jameson and…
Just prior to his death, Jameson, a prominent attorney, was sued by a former client. The suit alleged malpractice on the part of Jameson and requested damages of $90 million. On filing the Form 706, the executor of Jameson’s estate claimed a § 2053 deduction of $30 million as to the lawsuit. The $30 million amount was based on one of the many appraisals rendered […]
