Gross Family Trust v. Commissioner

GROSS FAMILY TRUST, TRANSFEREE, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Gross Family Trust v. Commissioner

Docket No. 10145-85.

United States Tax Court

T.C. Memo 1988-56; 1988 Tax Ct. Memo LEXIS 56; 55 T.C.M. (CCH) 113; T.C.M. (RIA) 88056;

February 18, 1988.

Bernard G. Gross, Trustee, for the petitioner.

Magda Abdo-Gomez, for the respondent.

RAUM

MEMORANDUM FINDINGS OF FACT AND OPINION

RAUM, Judge: The Commissioner determined that petitioner is liable, as transferee of the assets of one of its co-trustees, Bernard Gross, in the amount of $ 82,769 in respect of that trustee's personal…