Legal Opinion
Estate of Mattias Arnold Madsen, Norma v. Madsen v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided October 2, 1981No. 79-7607PublishedCited by 11 opinions
1Opinion of the Court
EUGENE A. WRIGHT, Circuit Judge:
I
Mattias Arnold Madsen was lost at sea in 1973. His wife, Norma, received the proceeds of a life insurance policy.
The Madsens were domiciled in Washington. Before buying the policy in 1967 they discussed the estate tax consequences with their insurance agent. All agreed that Norma would own the policy and make premium payments. Though community funds would be used, they determined that no gift tax return had to be filed because Mattias’ interest in the payments was under $3,000.
None of the proceeds were included in Mattias’ estate. The Commissioner noted an…
2Cases cited7 opinions
- Lang v. CommissionerSupreme Court of the United States · 1938
- Margie C. Barnes v. Atlantic & Pacific Life Insurance Company of America, a CorporationCourt of Appeals for the Fifth Circuit · 1975
- Towey v. Seattle-First National BankWashington Supreme Court · 1945
- Francis v. FrancisWashington Supreme Court · 1978
- Schade v. Western Union Life InsuranceWashington Supreme Court · 1923
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- McLINN v. FJORDCourt of Appeals for the Ninth Circuit · 1984
- Gary Dean Broad Denise Broad, Husband and Wife v. Mannesmann Anlagenbau AgCourt of Appeals for the Ninth Circuit · 1999
- Estate of Madsen v. Commissioner of Internal RevenueWashington Supreme Court · 1982
- Churchill v. F/V FjordCourt of Appeals for the Ninth Circuit · 1984
- Spokane Arcades, Inc. v. EikenberryDistrict Court, E.D. Washington · 1982
6 more not listed; retrieve them via the Exa API.