Kennedy v. Commissioner
United States Board of Tax Appeals
1. The value of certain shares of stock forming a part of the gross estate of the decedent determined. 2. Loans on insurance policies on the life of the decedent, in which the widow of the decedent was beneficiary, deducted from the face of the policies in making settlement thereunder, held not to constitute claims against the estate of the decedent.
1Opinion of the Court
APPEAL OF ANNIE S. KENNEDY ET AL., EXECUTORS, ESTATE OF D. J. KENNEDY, DECEASED.
Kennedy v. Commissioner
Docket No. 5244.
United States Board of Tax Appeals
4 B.T.A. 330; 1926 BTA LEXIS 2305;
July 23, 1926, Decided
1. The value of certain shares of stock forming a part of the gross estate of the decedent determined.
2. Loans on insurance policies on the life of the decedent, in which the widow of the decedent was beneficiary, deducted from the face of the policies in making settlement thereunder, held not to constitute claims against the estate of the decedent.
William B. Secrist, Esq., for the…
2Cases cited1 opinion
- Kennedy v. CommissionerUnited States Board of Tax Appeals · 1926