Legal Opinion
John Michael Wheeler, Independent of the Estate of Elmore K. Melton, Jr. v. United States
Court of Appeals for the Fifth Circuit
Decided June 19, 1997No. 96-50144PublishedCited by 24 opinions
1Opinion of the Court
GARWOOD, Circuit Judge:
This ease involves the determination of the federal estate tax due from the estate of Elmore K. Melton, Jr. (Melton). On July 13, 1984, Melton, then age sixty, sold to his two adopted sons, John Wheeler and David Wheeler, the remainder interest in his ranch located in Bexar County, Texas. Melton retained a life estate in the ranch and used the actuarial tables set forth in the Treasury Regulations to determine the price to be paid by the Wheelers for the remainder interest. On May 25, 1991, Melton, then age sixty-seven, died. Melton’s federal estate tax return did not…
2Cases cited29 opinions
- United States v. WellsSupreme Court of the United States · 1931
- Estate of Sanford v. CommissionerSupreme Court of the United States · 1939
- Commissioner v. WemyssSupreme Court of the United States · 1945
- Merrill v. FahsSupreme Court of the United States · 1945
- Estate of Daisy F. Christ, Deceased, Robert Johnson Christ v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1973
24 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Estate of Bongard v. Comm'rUnited States Tax Court · 2005
- Kimbell v. United StatesCourt of Appeals for the Fifth Circuit · 2004
- Estate of Cyril I. Magnin, Deceased Donald Isaac Magnin v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1999
- Estate of Theodore Thompson, Deceased, Betsy T. Turner v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 2004
- Alton Ochsner Medical Foundation v. Allendale Mutual InsuranceCourt of Appeals for the Fifth Circuit · 2000
19 more not listed; retrieve them via the Exa API.