Legal Opinion
In Re Estate of Kapala
Court of Appeals of Minnesota
Decided March 10, 1987No. C3-86-1544PublishedCited by 3 opinions
1Opinion of the Court
OPINION
SEDGWICK, Judge.
Thomas Glodek appeals the probate court’s decision apportioning taxes on proceeds of a life insurance policy and interest the estate owed because of delay in paying estate taxes. We affirm.
FACTS
Kapala and Glodek operated a funeral services business and had real estate holdings. In 1973 the two men entered into a stock purchase and redemption agreement intended to retain management under one partner’s control in the event of death or one party’s desire to “sell out.” In event of death, “all of the shares * * * shall be purchased by the Company and/or the surviving…
2Cases cited8 opinions
- Riggs v. Del DragoSupreme Court of the United States · 1942
- In Re Trust Known as Great Northern Iron Ore PropertiesSupreme Court of Minnesota · 1976
- Priedeman v. JamisonSupreme Court of Missouri · 1947
- In Re Estate of HilliarWyoming Supreme Court · 1972
- Matter of Estate of HuffakerUtah Supreme Court · 1982
3 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- In Re Estate of BrownleeSouth Dakota Supreme Court · 2002
- In Re Estate of SiebrasseSouth Dakota Supreme Court · 2002
- Estate of Shannon v. CommissionerUnited States Tax Court · 1990