. Ryan’s “Roadmap”; NY drops “privity” requirement for executor’s suit against estate planning attorney (Schneider v. Finnman) 05/28/10 “Pierre II”. the Tax Court addresses the “step transaction doctrine” and valuation 2010-05 issues in a continuation of the Pierre v. Commissioner saga; valuation of fractional

ry language almost made a credit shelter trust taxable in the 2011-06 trustee/beneficiary's estate (Estate of Chancellor v. Commissioner) 06/13/11 A Tax Court valuation case that illustrates just how far apart the experts can be, and 2011-05 how a judge evaluates those experts (Estate of Mitchell) 05/03/11

tment of special trial judges by the Chief Judge of the United States Tax Court did not violate the Appointments Clause. Five Justices concluded that the Tax Court was a "Court of Law" for Appointments Clause purposes, despite the fact that it was an Article I court, so that the Tax Court could constitutionally

,120,000 per individual of value transferred from gift tax. **Calculation based on Treasury discount rate in effect at time of funding GRAT. A recent Tax Court decision (Walton v. Commissioner, 115 T.C. No. 41 (Dec. 22, 2000)) allows GRAT to be “zeroed out,” eliminating the need to incur any gift tax. J.P