McGrath v. Commissioner
United States Board of Tax Appeals
In his will the decedent, who died in 1921, left the residue of his real estate to his wife for life, with the remainder to his five children, who were not to receive their shares before they reached the age of 24 years. The will further provided that if any child should die before reaching the age of 24, without issue, his or her share should be divided equally among the decedent's surviving children.
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In his will the decedent, who died in 1921, left the residue of his real estate to his wife for life, with the remainder to his five children, who were not to receive their shares before they reached the age of 24 years. The will further provided that if any child should die before reaching the age of 24, without issue, his or her share should be divided equally among the decedent's surviving children. The decedent's widow died on June 9, 1929, at which time two of the children were under 24 years of age. On December 7, 1929, certain of the real estate was acquired in condemnation proceedings…
1Opinion of the Court
ROBERT E. MCGRATH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
LOUISVILLE TRUST COMPANY AND JAMES E. FAHEY, TRUSTEES FOR JAMES W. AND ANTONETTE MCGRATH, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
FIDELITY AND COLUMBIA TRUST COMPANY, TRUSTEE FOR MRS. LEO THIEMAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
FIDELITY AND COLUMBIA TRUST COMPANY, TRUSTEE FOR MARIE LOUIS MCGRATH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
McGrath v. Commissioner
Docket Nos. 65039-65042.
United States Board of Tax Appeals
30 B.T.A. 562; 1934 BTA LEXIS…
2Cases cited1 opinion
- McGrath v. CommissionerUnited States Board of Tax Appeals · 1934