In Re Estate of Hale

Elizabeth C. Hale died testate on May 5,1938. The appraised value of her estate for inheritance tax purposes was $437,077. Except for specific bequests to the approximate amount of $60,000, the surviving husband, Henry O. Hale, ap-pellee herein, was the beneficiary under the will. Appellant Thatcher, a former banker who subsequently engaged in the general insurance business, was nominated by the will as executor. The will provided, however, that Henry, the husband, was to act as “an advisor” to the executor. The will named Prank Porter, of Ogden, Iowa, to act as attorney for the estate and…