Legal Opinion
Estate of Milton S. Wycoff, Deceased, Zions First National Bank v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
Decided November 19, 1974No. 73-1901PublishedCited by 38 opinions
1Opinion of the Court
WILLIAM E. DOYLE, Circuit Judge.
This is a federal estate tax case, and the issue is whether the United States Tax Court ruled correctly in determining that the value of the marital deduction available to the estate must be reduced to the extent of inheritance, estate and transfer taxes that the executor was authorized by the will to pay out of the marital trust even though he was not required in the will to pay it from the marital share.
The will of decedent, Milton S. Wycoff, created two trusts. One was in favor of his wife amounting to 50% of his adjusted gross estate; the other trust dealt…
2Cases cited15 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Commissioner v. Estate of BoschSupreme Court of the United States · 1967
- Riggs v. Del DragoSupreme Court of the United States · 1942
- Ohio v. HelveringSupreme Court of the United States · 1934
- United States v. StapfSupreme Court of the United States · 1964
10 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Chickasaw Nation v. United StatesCourt of Appeals for the Tenth Circuit · 2000
- Estate of Hubert v. CommissionerUnited States Tax Court · 1993
- Murray v. United StatesUnited States Court of Claims · 1982
- Babson v. BabsonMassachusetts Supreme Judicial Court · 1977
- Estate of Jerome Mittleman, Deceased, Henrietta Mittleman, Irving B. Yochelson and Solomon Grossberg, Executors v. Commissioner of Internal RevenueCourt of Appeals for the D.C. Circuit · 1975
33 more not listed; retrieve them via the Exa API.