Article on Van Alen: A Reasonable Consistency

Wendy C. Gerzog (University of Baltimore -School of Law) has recently published an article entitled, Van Alen: A Reasonable Consistency, (January 13, 2014). Tax Notes, Vol. 142, No. 2, 2014. Provided below is the abstract to the article from SSRN:

In Van Alen, the Tax Court held that the duty of consistency required that two of the decedent’s children use the section 2032A basis valuation figures to determine gain on the sale of their interest in the decedent’s ranch, which was left to them in trust. The siblings had argued that their stepmother erroneously completed their father’s estate tax return.