In re the Estate of Caputo

Henderson, S.

The executor appeals on two grounds from the report of the transfer tax appraiser and from the pro forma order fixing the transfer tax herein upon such report.

The first ground is that in ascertaining the value of the estate, the appraiser erroneously appraised certain shares of corporate stock at their respective values at the date of decedent’s death instead of at the time the donee thereof, under a gift of the residue, became of age. The residuary legatee, decedent’s son, was also named as executor of and trustee under the will, but the testator also provided, in the case of…