Legal Opinion
Jane W. Holbrook and First National Bank of Arizona, Co-Executors of the Estate of William Wraith, Jr., Deceased v. United States
Court of Appeals for the First Circuit
Decided June 1, 1978No. 76-3122PublishedCited by 10 opinions
1Opinion of the Court
ORRICK, District Judge:
The co-executors of the Estate of William Wraith, Jr. sued for a refund of federal estate taxes, claiming the Estate is entitled to a credit against tax under Section 2013 of the Internal Revenue Code of 1954, 26 U.S.C. § 2013, 1 which provides for a credit based on the value of property transferred to the decedent within ten years before his or her death, in a transfer which was itself subject to estate tax. Here the property transferred was a life income interest under a testamentary trust, the value of which is determined as of the transferor’s death. However, the…
2Cases cited18 opinions
- Michael L. Rockwell, and Regina Rockwell v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1975
- Merchants Nat. Bank of Boston v. CommissionerSupreme Court of the United States · 1943
- Arnold Van Den Wymelenberg, as of the Estate of Eleanor Van Den Wymelenberg, and Arnold Van Den Wymelenberg v. United StatesCourt of Appeals for the Seventh Circuit · 1968
- Estate of Lillie MacMunn Stewart, Deceased, W. Alan Henderson v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1971
- Greenport Basin & Construction Co. v. United StatesSupreme Court of the United States · 1923
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3Cited by10 opinions
- Alma M. O'Reilly v. Commissioner of Internal Revenue, Charles H. O'reilly, Sr. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1992
- Estate of Lloyd v. United StatesUnited States Court of Claims · 1981
- Estate of Marks v. CommissionerUnited States Tax Court · 1990
- Estate of Pollock v. CommissionerUnited States Tax Court · 1981
- Boryan v. United StatesDistrict Court, E.D. Virginia · 1988
5 more not listed; retrieve them via the Exa API.