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Tom Clancy

Court of Appeals rules Tom Clancy's widow isn't responsible for taxes on his estate

Court of Appeals rules Tom Clancy's widow isn't responsible for taxes on his estate

The two-year battle over the tax burden on best-selling author Tom Clancy's $82 million estate ended with Maryland's highest court ruling that the Baltimore writer's widow was not responsible for the bill.

The Court of Appeals ruled 4-3 that Alexandra Clancy's share was protected under estate-tax exemptions for widowed spouses. She is at least a partial beneficiary in two trusts, which amount to about two-thirds of the estate, said her attorney, Lansing Palmer, of Akerman LLP in Miami.

The dispute centered on an amendment to the will before Clancy's death in October 2013. The amendment specified that no assets should be included in Alexandra Clancy's trusts that would...

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