Estate of Ware v. Commissioner
United States Tax Court
Held: During his lifetime, decedent failed to effectively resign his trusteeships or to release his power under each of the trusts in question to accumulate or distribute the income of the trusts. Consequently, the date-of-death value of the corpus of each of the trusts was includable in his gross estate under secs. 2036 and 2038, I.R.C. 1954.
1Opinion of the Court
Estate of Robert R. Ware, Deceased, Robert R. Ware, Jr., Executor, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Ware v. Commissioner
Docket No. 5192-68
United States Tax Court
55 T.C. 69; 1970 U.S. Tax Ct. LEXIS 52;
October 19, 1970, Filed
Decision will be entered under Rule 50.
Held: During his lifetime, decedent failed to effectively resign his trusteeships or to release his power under each of the trusts in question to accumulate or distribute the income of the trusts. Consequently, the date-of-death value of the corpus of each of the trusts was includable in his gross…
2Cases cited39 opinions
- Morgan v. CommissionerSupreme Court of the United States · 1940
- United States v. O'MALLEYSupreme Court of the United States · 1966
- Ellis v. Boston, Hartford & Erie RailroadMassachusetts Supreme Judicial Court · 1871
- In Re the Trust Under the Last Will & Testament of JacksonMissouri Court of Appeals · 1956
- In Re Estate of BreaultIllinois Supreme Court · 1963
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