Asset Management: Charitable Donations Require Attention to Both Form and Substance

In the recently decided case of Mohamed v. Commissioner, TC Memo 2012-152 (5/29/2012), the Tax Court denied taxpayers a charitable deduction for a donation of real property with a value in excess of $ 18 million that a husband and wife contributed to their charitable trust.
TheLegalIntelligencer.com

View this post on my blog: http://onlinefindlawyers.com/find-lawyers/asset-management-charitable-donations-require-attention-to-both-form-and-substance.html