Union Bank & Trust Co. of Lexington v. Bassett

STANLEY, Commissioner.

The ultimate question is which of two groups of devisees of the late Mrs. Eliza S. Bowman is responsible for the payment of the estate and inheritance taxes on the residuary estate of her husband, W. R. Bowman. The construction of the provisions of Mr. Bowman’s will bequeathing the residuary to his widow is required to reach the decision. This basic question is whether he gave her the fee in remainder or a power of appointment. Then follows the construction of Mrs. Bowman’s will. Another question of primary importance is that of a plea of res adjudicata. Dependent or…