In re Gould's Estate
Appellate Division of the Supreme Court of the State of New York
Appeal from surrogate’s court, New York county. In the matter of the appraisal for taxation of the estate of Jay Gould, deceased, under the act in relation to taxable transfers of property, the surrogate made an order .fixing the value of the property of the estate and the amount of the transfer tax thereon, and from his order affirming that order the comptroller and the executors appeal.
1Opinion of the CourtWulliams, J.
Both parties appealed from the order. The comp-* troller raised the question that the legacy of George J. .Gould and the expenses of administration should not have been deducted in arriving at the value of the property for the purposes of taxation. The executors raised the question that there was an overvaluation of the property, and that the amount allowed for the commissions of executors was too small. The deduction of the amount of the legacy to George J. Gould was made on the ground that such legacy was given in payment of an indebtedness owing by the estate, and was not, therefore,…
2Cases cited3 opinions
- In Re the Transfer Tax Upon the Estate of HoffmanNew York Court of Appeals · 1894
- In Re the Estate of WesturnNew York Court of Appeals · 1897
- People Ex Rel. Knickerbocker Fire Insurance v. ColemanNew York Court of Appeals · 1887
3Cited by7 opinions
- Emanuelli Fontánez v. Tribunal de Distrito de Puerto RicoSupreme Court of Puerto Rico · 1953
- Edward Rose Building Co. v. Independence TownshipMichigan Supreme Court · 1990
- In re Dimon's EstateAppellate Division of the Supreme Court of the State of New York · 1903
- Emanuelli Fontánez v. District Court of Puerto RicoSupreme Court of Puerto Rico · 1953
- In re Chambers' EstateNew York Surrogate's Court · 1912
2 more not listed; retrieve them via the Exa API.