Estate of Musgrove v. United States

OPINION

HORN, Judge.

This case comes before the court on cross-motions for summary judgment. Plaintiffs, Heidi Crane and David L. Paluska, are co-personal representatives of the estate of *658Sebe E. Musgrove. Plaintiffs bring this action for the refund of federal estate taxes in the amount of $99,381.94, paid on the estate of Sebe E. Musgrove. Plaintiffs argue that a $251,540.00 transfer by the decedent, Sebe Musgrove, to his son, Stanley, less than a month before Sebe’s death, in exchange for an interest free, unsecured demand note in the amount of $300,000.00, which by its terms was to be…