[WSBARP] Cell phone Tower in Estate

[Kary Krismer]

Wouldn't it just be the present value of the monthly fees for the 
duration of the contract?

I would pose a question.  If you value it for estate tax purposes, 
wouldn't most the future income be tax free for income tax purposes?  
The contract would seemingly would have a basis.

It's a question I've pondered about married lottery winners in community 
property states who take a 20 year payout option and then have one of 
the spouses die during the payout period.  Or alternatively, that extra 
lucky married lottery winner whose spouse passes away before they claim 
their lump sum winnings. ;-)

Kary L. Krismer
206 723-2148

On 4/9/2021 9:20 AM, Ken Luce wrote:
>
> Has anyone computed the value of a cell phone tower as an asset of an 
> estate.  It is on land owned by the deceased and pays a months fee.
>
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