Lockwood v. United States

CASHIN, District Judge.

This is an action by the executor of the Estate of Manice DeForest Lockwood, to recover the sum of $48,711.07 plus interest, which amount represents estate taxes claimed to have been erroneous and illegally assessed. The property which plaintiff claims was improperly included in the gross estate was a Deed of Trust wherein decedent granted to the plaintiff, his son, as Trustee, an undivided one-fifth interest in a piece of business real estate located at 1603 Broadway, New York, New York. The income of the Trust was to be paid to the wife of the plaintiff for life, and…