Stuit v. Commissioner
United States Tax Court
Pursuant to the Illinois Uniform Gifts to Minors Act, decedent conveyed in two separate transfers certain shares of stock to herself as custodian for two grandsons. Held, the shares are includable in her gross estate under sec. 2038(a), I.R.C. 1954.
1Opinion of the Court
OPINION
Fay, Judge:
Respondent determined a deficiency of $10,025.84 in the Federal estate tax of the Estate of Jennie Yanderpoel. The only issue remaining for decision is whether certain shares of stock conveyed by decedent in two separate transfers to herself as custodian for two grandsons under the Illinois Uniform Gifts to Minors Act are includable in her gross estate.
All of the facts have been stipulated. The stipulation of facts and the exhibit attached thereto are incorporated herein by this reference.
Jennie Yanderpoel (Jennie) died testate on October 16, 1964, at the age of 66. Her will…
2Cases cited12 opinions
- Merchants Nat. Bank of Boston v. CommissionerSupreme Court of the United States · 1943
- Commissioner v. Estate of HolmesSupreme Court of the United States · 1946
- Lober v. United StatesSupreme Court of the United States · 1953
- Jennings v. SmithCourt of Appeals for the Second Circuit · 1947
- Estate of Ford v. CommissionerUnited States Tax Court · 1969
7 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Dorothy Stuit, Transferee and Estate of Jennie Vanderpoel, Deceased, Dorothy Stuit v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1971
- Schwartz EstateSupreme Court of Pennsylvania · 1972
- Estate of Prudowsky v. CommissionerUnited States Tax Court · 1971
- Anastasio v. CommissionerUnited States Tax Court · 1977
- Estate of Cutter v. CommissionerUnited States Tax Court · 1974
18 more not listed; retrieve them via the Exa API.