Estate of True v. Commissioner

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the question of whether an \agreement was entered into for bona fide business reasons and is not a testamentary substitute\ is a question of fact reviewed for clear error
• noting that federal tax law subjects “transactions within a family group . . . to special scrutiny, and the presumption is that a transfer between family members is a gift” (citation modified)

Source: CourtListener parenthetical corpus (CC0).