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  5. 161 T.C. No. 6
 

ESTATE OF CAAN v. COMMISSIONER OF INTERNAL REVENUE

Docket No. 14783-18.

161 T.C. No. 6

ESTATE OF JAMES E. CAAN, DECEASED, JACAAN ADMINISTRATIVE TRUST, SCOTT CAAN, TRUSTEE, SPECIAL ADMINISTRATOR, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Tax Court.

Filed October 18, 2023.

Attorney(s) appearing for the Case

Steven Ray Mather, for petitioner.

Mark A. Nelson and Sarah A. Herson, for respondent.

James E. Caan was an actor whose successful Hollywood and television career lasted over six decades and proved very lucrative. Throughout his career Mr. Caan focused on his acting roles, leaving to his business managers and financial advisors the tasks of managing his wealth and his day-to-day financial affairs.

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