Skip to content

Menu

Spencer Law Firm logo
HomeAboutServicesContact
Search
Close

Pennsylvania Fiduciary Litigation

Insights and Commentary from a Trusts and Estates Lawyer and Expert Witness

Koons

Subscribe to Koons

No Deduction for Interest on Loan to Pay Estate Tax

By Patti Spencer on May 10, 2017
Posted in Estate Tax

In Koons v. Commissioner  Case No. 16-10646 (4/27/2017) the 11th Circuit denied the interest deduction for interest on loan to pay estate tax.

Decedent’s revocable trust included a 70% interest in an LLC which had over $200 million in liquid assets.  The estate’s liquid assets were insufficient to pay the estate tax.  The…

Patti S. Spencer, Esq. is a nationally recognized Trust & Estates attorney, expert witness, and author. Her areas of concentration include trusts: estate administration, settlement, and planning; inheritance tax: fiduciary liability, and tax planning.

Read More....

Stay Connected

RSS LinkedIn Facebook Twitter

Topics

Archives

Recent Posts

  • Inadequate Remedies
  • Thouron Estates – READ ALL ABOUT IT!
  • Tax Court Slams FLP Planning
  • Children Demand Return of Custodial Funds from Parent
  • Delaware Supreme Court Emphatically Affirms Spendthrift Protection

Links

  • Pennsylvania Estate Planning and Administration
  • Spencer Law Firm Homepage
Spencer Law Firm logo
RSS LinkedIn Facebook Twitter
DisclaimerPrivacy Policy

About Our Firm

Spencer Law Firm LLC is comprised of legal professionals dedicated to a single goal: meeting your estate planning and administration needs. Whether you are an individual needing to develop a complex estate plan, an attorney requiring an expert witness to aid in resolving a fiduciary dispute in court or an accountant searching for legal support

Read More...
Copyright ©2023, Spencer Law Firm All Rights Reserved.
Law blog design & platform by LexBlog LexBlog Logo