Dorsey v. Commissioner
United States Tax Court
The residue of decedent's estate was placed in trust. The income from the trust, together with so much of the corpus as necessary, was to be used to provide scholarships for the decedent's grandnieces and grandnephews, for the term of the trust. The will also directed payment, out of the residue of the estate, of certain expenses for the benefit of individuals therein designated for so long as they live.
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The residue of decedent's estate was placed in trust. The income from the trust, together with so much of the corpus as necessary, was to be used to provide scholarships for the decedent's grandnieces and grandnephews, for the term of the trust. The will also directed payment, out of the residue of the estate, of certain expenses for the benefit of individuals therein designated for so long as they live. Upon the termination of the trust, 20 years after the last to die of the decedent's six nieces and nephews, the trust estate then remaining was bequeathed to Western Maryland College, in…
1Opinion of the Court
Estate of Puilip Dorsey, Deceased, Eleanor G. Bruff, Executrix, Petitioner, v. Commissioner of Internal Revenue, Respondent
Dorsey v. Commissioner
Docket No. 24271
United States Tax Court
19 T.C. 493; 1952 U.S. Tax Ct. LEXIS 14;
December 22, 1952, Promulgated
Decision will be entered under Rule 50.
The residue of decedent's estate was placed in trust. The income from the trust, together with so much of the corpus as necessary, was to be used to provide scholarships for the decedent's grandnieces and grandnephews, for the term of the trust. The will also directed payment, out of the residue of the…
2Cases cited7 opinions
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- Henslee v. Union Planters National Bank & Trust Co.Supreme Court of the United States · 1949
- Merchants Nat. Bank of Boston v. CommissionerSupreme Court of the United States · 1943
- Russell v. AllenSupreme Court of the United States · 1883
- Thomason v. CommissionerUnited States Tax Court · 1943
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