Central Hanover Bank & Trust Co. v. Nunan

CAMPBELL, District Judge.

This is a suit for the recovery of $31,-473.27 alleged to have been illegally collected from the plaintiff as' estate taxes upon the estate of Elizabeth C. G. Russell, deceased. .

An indenture of trust executed by the decedent granted to her sister a life estate upon the decedent’s death; the decedent reserved the right to dispose of the corpus of the trust by her last will and testament.

The question here presented is whether or not the life estate of the sister is subject to estate taxes as a gift to take effect in possession or enjoyment at or after death, within the…