Epstein Secrets

or $8,000. Using the 2010 sale of Motherwell's In Black and White No. S (a work similar in size, composi

ete de Femme (Jacqueline) by Pablo Picasso (the Picasso), Untitled by Robert Motherwell (the Motherwell), and Element Bleu XV by Jean Dubuffet (the Dubuffet)." One of the paintings was sold after the date of death for an amount considerably in excess of the 706 filing amount. This case addresses two fun

or $8,000. Using the 2010 sale of Motherwell's In Black and White No. 5 (a work similar in size, composi

ete de Femme (Jacqueline) by Pablo Picasso (the Picasso), Untitled by Robert Motherwell (the Motherwell), and Element Bleu XV by Jean Dubuffet (the Dubuffet)." One of the paintings was sold after the date of death for an amount considerably in excess of the 706 filing amount. This case addresses two fund

ainting In examining the sale of Motherwell's In Black and White No.5 painting some 16 months after the

a "similar sized work from the same series," sold for $825,000. The Estate's expert determined the fair market value of the Dubuffet to be $500,000. For purposes of the notice of deficiency, the IRS valued the Dubuffet at $750,000, as of the date of death. At trial, the IRS's expe