Legal Opinion
Commissioner of Internal Rev. v. MacAulay's Estate
Court of Appeals for the Second Circuit
Decided July 24, 1945No. 299PublishedCited by 11 opinions
1Opinion of the Court
AUGUSTUS N. HAND, Circuit Judge.
On April 20, 1938, the testatrix, Mrs. Macaulay, made a gift to her husband of 5,000 shares of first preferred stock of Niagara Hudson Power Corporation, and on July 1, 1938, of certain house furnishings and art objects. At the time of her death, which was November 24, 1938, the stock had a fair market value of $428,750. Gift taxes were paid on the foregoing donations. In October 1937 Mrs. Macaulay made a will in which she bequeathed to her husband a legacy of $1,000,000. At about the same time she told Governor Nathan L. Miller, her legal adviser and one of…
2Cases cited17 opinions
- United States v. JacobsSupreme Court of the United States · 1939
- Albany Hospital v. . Albany Guardian SocietyNew York Court of Appeals · 1915
- Dimock v. CorwinCourt of Appeals for the Second Circuit · 1938
- In re the Estate of StoneSupreme Court of Iowa · 1906
- In re the Judicial Settlement of the Account of The Farmers' Loan & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1918
12 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Delaney v. GardnerCourt of Appeals for the First Circuit · 1953
- Estate of AdamsCalifornia Court of Appeal · 1958
- Selig v. United StatesDistrict Court, E.D. Pennsylvania · 1947
- Dulles v. JohnsonDistrict Court, S.D. New York · 1957
- Estate of Sheldon v. CommissionerUnited States Tax Court · 1956
6 more not listed; retrieve them via the Exa API.