United States Ninth Circuit

The value of a property transfer for estate tax purposes is established at the moment of transfer, and potential or hypothetical possibilities do no justify placing a premium on the property's value.

Appellate Information

• Argued 02/14/2001
• Decided 05/14/2001
• Published 05/14/2001

Judges

• Before:  HUG, NOONAN, and W. FLETCHER, Circuit Judges.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Sheldon I. Fink,Sonnenschein Nath & Rosenthal, Chicago, Illinois and D. John Thornton and Gregory A. Byron, Thornton Byron, LLP, Boise, Idaho, for the petitioner-appellant.


• For Appellees:
  
• Paula Speck, Department of Justice, Washington, D.C., for the respondent-appellee.