Legal Opinion
Bank of California, of the Estate of Daisy Manning v. United States
Court of Appeals for the Ninth Circuit
Decided March 24, 1982No. 80-5904PublishedCited by 19 opinions
1Opinion of the Court
PREGERSON, Circuit Judge:
The controversy in this estate tax case centers around the proper method of valuing a charitable remainder in computing the deduction available to a decedent’s estate under I.R.C. § 2055, 26 U.S.C. § 2055. The specific question presented is whether, in computing this deduction, the life expectancy of a life tenant suffering from an undiagnosed terminal cancer should be measured by actuarial tables or by his actual date of death. We affirm the district court’s conclusion that it was proper for the government to rely on actuarial tables. We also affirm the district…
2Cases cited5 opinions
- Estate of Daisy F. Christ, Deceased, Robert Johnson Christ v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1973
- Jennings v. CommissionerUnited States Tax Court · 1948
- Butler v. CommissionerUnited States Tax Court · 1952
- Continental Illinois National Bank and Trust Company of Chicago, as of the Estate of Josephine W. Speth, Deceased v. United StatesCourt of Appeals for the Seventh Circuit · 1974
- Stillman v. CommissionerUnited States Tax Court · 1965
3Cited by19 opinions
- Estate of Cyril I. Magnin, Deceased Donald Isaac Magnin v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1999
- Rosa Shackleford, Personal Representative of the Estate of Thomas J. Shackleford, Deceased v. United StatesCourt of Appeals for the Ninth Circuit · 2001
- Cook v. Commissioner of the Internal Revenue ServiceCourt of Appeals for the Fifth Circuit · 2003
- Estate of Gribauskas v. CommissionerUnited States Tax Court · 2001
- Estate of Van Horne v. CommissionerCourt of Appeals for the Ninth Circuit · 1983
14 more not listed; retrieve them via the Exa API.