Epstein Secrets

S. Hall, ASA! A few weeks ago, the Tax Court released its decision in the case of Edward Redstone v. Commissioned. While the Tax Court agreed with Edward, it disagreed in a later decision involving Edward's brother, Sumner - arguments about similar facts, but with a haunting twist of beyond the grave

ding Edward with his stock certificates, Mickey argued that there was an oral EFTA00668064 agreement that some of the stock was for the benefit of Edward's children, and not for Edward. To bolster this argument, Mickey pointed out that he had contributed 48 percent of NAI's capital and had only receive

Brother's Revenge) (Sumner Redstone v. Commissioner ra By Lance S. Hall, ASA! A few weeks ago, the Tax Court released its decision in the case of Edward Redstone v. Commissioned. While the Tax Court agreed with Edward, it disagreed in a later decision involving Edward's brother, Sumner - arguments about sim

for not providing Edward with his stock certificates, Mickey argued that there was an oral agreement that some of the stock was for the benefit of Edward's children, and not for Edward. To bolster this argument, Mickey pointed out that he had contributed 48 percent of NAI's capital and had only received

Hall, ASA* A few weeks ago, the Tax Court released its decision in the case of Edward Redstone v. Commissionerill. While the Tax Court agreed with Edward, it disagreed in a later decision involving Edward's brother, Sumner - arguments about similar facts, but with a haunting twist of beyond the grave

d Brother's Revenge) (Sumner Redstone v. Commissioner LW By Lance S. Hall, ASA* A few weeks ago, the Tax Court released its decision in the case of Edward Redstone v. Commissionerill. While the Tax Court agreed with Edward, it disagreed in a later decision involving Edward's brother, Sumner - arguments about s

gift tax return because of the Final Decree. Since Sumner was relying on the advice of competent professionals, no penalties were added. Somewhere, Edward is smiling. W T.C. Memo. 2015-237 (December 9, 2015) * Mr. Hall is a Managing Director of FMV Opinions. Inc., a national valuation and investment b

ng FMV Opinions, Inc. can be accessed at www.fmv,com. 2 145 T.C. No. I I (October 26, 2015) 3 This section comes from my prior article regarding the Edward Redstone v. Commissioner case 4 Today, NAI is the owner of many companies, including Viacom, and is run by Edward's brother, Sumner O'Connor V Redstone - 89