Estate of Purdue: A Blueprint for FLPing

Authors

Phyllis C. Taite, University of Oklahoma College of Law

Document Type

Article

Publication Date

2-6-2017

Publication Title

Tax Notes

First Page

759

Comments

In this article, Taite examines Estate of Purdue, in which the Tax Court held that assets of the decedent that were transferred to the family limited liability company were not includable in the gross estate, that transfers to the family trust qualified for an annual exclusion, and that the estate could deduct interest on loans from the estate’s beneficiaries.

Recommended Citation

Taite, Phyllis C., "Estate of Purdue: A Blueprint for FLPing" (2017). Other Faculty Publications. 13.
https://digitalcommons.law.ou.edu/fac_other_pubs/13