Boston Safe Deposit & Trust Co. v. Commissioner
United States Board of Tax Appeals
The testator, by will, provided inter alia for annuities of $300 a year, during the life of his three daughters, for every grandchild of his who might be born after his death. A minimum deductible value for a remainder left to charity determined, where it appears that grandchildren can be born with incredible rapidity and in improbable numbers without impairing this value.
1Opinion of the Court
BOSTON SAFE DEPOSIT & TRUST CO. AND EVERETT E. KENT, EXECUTORS, ESTATE OF HERBERT A. WILDER, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Boston Safe Deposit & Trust Co. v. Commissioner
Docket No. 32131.
United States Board of Tax Appeals
20 B.T.A. 1159; 1930 BTA LEXIS 1963;
October 3, 1930, Promulgated
The testator, by will, provided inter alia for annuities of $300 a year, during the life of his three daughters, for every grandchild of his who might be born after his death. A minimum deductible value for a remainder left to charity determined, where it appears that grandchildren…
2Cases cited1 opinion
- Boston Safe Deposit & Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1930