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Estate Planning

: Wills, Trusts & Estates Prof Blog

Valuation discounts related to FLP may apply for elective share purposes

By Trusts EstatesProf

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In In re Estate of Hjersted, 175 P.3d 810 (Kan. 2008), the court held that in valuing partnership interests owned by a deceased spouse for purposes of calculating the surviving spouse?s elective share entitlement, discounts for lack of marketability and...

Full post as published by Wills, Trusts & Estates Prof Blog on April 17, 2008 (boomark / email).

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