Court Opinion

ID: 9447264
Source: CourtListenerOpinion
Date Created: 2023-08-03 22:30:01.261396+00
Date Added: 2024-06-11T17:30:57.759635
License: Public Domain

JONES, Chief Judge
(concurring in
part and dissenting in part).
I agree that plaintiffs are entitled to recover, but since the estate, of which the plaintiffs were the sole beneficiaries, received the benefit of the lower estate taxes, the defendant should in simple justice be allowed to recoup and offset against any recovery the amount by which the estate benefited taxwise by the earlier valuation of the estate below its actual value.
The correction is being made at the instance of plaintiffs. It seems fair that *24as a condition to the change in valuation, they should be willing to surrender the advantage which had come to them by' reason of the undervaluation they are seeking to change.