Leonard Van Slyke, Jr., after only six days from oral argument before the Court of Appeals for the Fifth Circuit, obtains reversal and remand. Tatum v. United States of America. On August 2, Mr. Van Slyke argued before the Court that his client was entitled to a refund of federal gift taxes assessed and paid. On August 8, the Fifth Circuit held, that in interpreting a will, "the most important consideration under Mississippi law is the intent of the testator." In this instance, the intent was clear concerning distribution of disclaimed property and the estates were "entitled to a refund of the federal gift taxes and penalties they had paid to the IRS."
Congratulations on Leonard's speedy victory.