Walter R. Ripley, Donee-Transferee of Mildred M. Ripley, Donor, and Melynda H. Ripley, Donee-Transferee of Mildred M. Ripley, Donor v. Commissioner

105 T.C. No. 23

UNITED STATES TAX COURT WALTER R. RIPLEY, DONEE-TRANSFEREE OF MILDRED M. RIPLEY, DONOR, AND MELYNDA H. RIPLEY, DONEE-TRANSFEREE OF MILDRED M. RIPLEY, DONOR, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 26209-93. Filed November 8, 1995. In 1983 the donor made gifts of parcels of real estate valued at $93,300 to Ps, husband and wife, as tenants in common. During the same year the donor made gifts of other parcels of real estate to a different donee. Controversy arose between the donor and R as to the valuation of the gifts to the other donee. As a result…