Legal Opinion
WACHOVIA BANK & TRUST COMPANY v. United States
United States Court of Claims
Decided July 16, 1958No. 330-54PublishedCited by 4 opinions
1Opinion of the Court
JONES, Chief Judge.
This case involves a question as to the proper valuation of certain business realty for purposes of determining the amount of the marital deduction to which plaintiff * is entitled under § 812(e) of the Internal Revenue Code of 1939, 26 U.S.C.A. § 812(e).
In 1929, decedent and her husband acquired the property in question to which they took title as tenants by entirety. Each spouse furnished one-half of the purchase price and one-half of the costs of improving the realty. The money was obtained partly from their individual funds and partly from a loan of $250,000 upon their…
2Cases cited7 opinions
- Lyeth v. HoeySupreme Court of the United States · 1938
- Commissioner of Internal Revenue v. ProcterCourt of Appeals for the Fourth Circuit · 1944
- Rensenhouse v. CommissionerUnited States Tax Court · 1956
- Estate of Proctor D. Rensenhouse, Deceased, the Michigan Trust Company, on Review v. Commissioner of Internal Revenue, on ReviewCourt of Appeals for the Sixth Circuit · 1958
- Jackman v. CommissionerUnited States Board of Tax Appeals · 1941
2 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- United States v. StapfCourt of Appeals for the Fifth Circuit · 1962
- Stapf v. United StatesDistrict Court, N.D. Texas · 1960
- Schroeder v. United StatesDistrict Court, W.D. Oklahoma · 1988
- United States v. Dorothy Anne Stapf and B. T. Ware, Ii, Executors and Trustees of the Estate Oflowell H. Stapf, Deceased, and Dorothy Anne Stapf, Individually, Dorothy Anne Stapf and B. T. Ware, Ii, Executors and Trustees of the Estate Oflowell H. Stapf, Deceased, and Dorothy Anne Stapf, Individually v. United StatesCourt of Appeals for the Fifth Circuit · 1962