Stout: In Warne, Court Allows Discount for Real Estate Controlling Interests

For estate planning and administration, the use of discounts can be very important for tax planning purposes. This article from Stout shows a recent tax court ruling that found correct data and detailed analysis are vital when using lack of control discount for majority interest when previous rulings the tax court ruled no discount for lack of control. 

This article was submitted by Jessica R. Williams of Robinson & Farthing LLC. If you would like to submit content or write an article for the Estate Planning & Administration Section, please email Kara Sikorski at ksikorski@indybar.org.

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