Mayer's Estate

Opinion by

Mr. Justice Drew,

Is the “actual possession” of a vested remainder by the remainderman a prerequisite to taxation of the transfer of the future interest under the Transfer Inheritance Tax Act of June 20, 1919, P. L. 521?

Katharine Mayer received a vested remainder under the will of her sister Minnie who died in 1915. The intervening life estates had not expired when Katharine died in 1923, bequeathing her entire estate, including the remainder interest, to her sister Julia. The latter died two years later, leaving the residue of her estate, including the remainder interest received…