[WSBAPT] Estate Tax Value for Seahawks Season Tickets?

[Brink, Kerry]

I think if they are charter seats, then the value would be the current cost of the licenses for the seats.

The resale value of the tickets themselves, I think would be fair market value of the tickets that the decedent already owned.  I don't think there would be a value to the right to purchase the tickets in future years - because the beneficiary would have to pay for the tickets in order to own them.

The value of my input:  2 cents.

Best regards,

Kerry Brink
Kerry E. Brink * Attorney

Estate Planning, Probate, Elder Law
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From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Jared E. Adams
Sent: Monday, October 31, 2016 11:23 AM
To: WSBA Probate & Trust Listserv
Subject: [WSBAPT] Estate Tax Value for Seahawks Season Tickets?

Happy Halloween!
I've got a question that I am sure others have dealt with.  Client dies with 2 seasons tickets for the Seahawks. Her will makes a specific bequest of the tickets to a beneficiary.  Client's estate is taxable, so I need to determine the value of the tickets. Any simple way of doing this?
Thanks in advance!

Jared


Jared E. Adams, JD, LL.M.

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