Estate of Edmonds v. Commissioner
United States Tax Court
1. In 1960, decedent established an inter vivos irrevocable pour-over family trust to pay fixed annuities to certain beneficiaries. The trust described one method by which decedent could establish additional annuities and gave the trustee certain administrative powers if this method was utilized.
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1. In 1960, decedent established an inter vivos irrevocable pour-over family trust to pay fixed annuities to certain beneficiaries. The trust described one method by which decedent could establish additional annuities and gave the trustee certain administrative powers if this method was utilized. Decedent subsequently followed this method and established three supplemental trusts, funded separately, to provide additional annuities to some of the beneficiaries of the family trust. Under the terms of the supplemental trust indentures, decedent reserved the power to terminate these trusts; upon…
1Opinion of the Court
Estate of Dean S. Edmonds, Deceased, Bank of New York, Executor, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Edmonds v. Commissioner
Docket No. 10164-75
United States Tax Court
72 T.C. 970; 1979 U.S. Tax Ct. LEXIS 68;
August 29, 1979, Filed
Decision will be entered under Rule 155.
1. In 1960, decedent established an inter vivos irrevocable pour-over family trust to pay fixed annuities to certain beneficiaries. The trust described one method by which decedent could establish additional annuities and gave the trustee certain administrative powers if this method was utilized.…
2Cases cited24 opinions
- Morgan v. CommissionerSupreme Court of the United States · 1940
- Helvering v. StuartSupreme Court of the United States · 1942
- Commissioner of Internal Revenue v. Chase Nat. BankCourt of Appeals for the Second Circuit · 1936
- Elizabeth Joan Allen and Alice Edna Stuhmer, Individually and as Executrices of the Estate of Chester A. Allen, Deceased v. United StatesCourt of Appeals for the Second Circuit · 1966
- In re DoelgerAppellate Division of the Supreme Court of the State of New York · 1938
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