In re the Estate of von Post
New York Surrogate's Court
Proceeding of Herman C. von Post for an order amending •an order erroneously .assessing a transfer tax upon the transfer ■of United States bonds owned by Jane S. von Post, deceased. The decedent died October 8, 1895, the owner of $61,000 United States bonds. They formed part of her residuary estate, which by the terms of the will was left in trust for the benefit of her husband, Herman C. von Post, during his life.
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Proceeding of Herman C. von Post for an order amending •an order erroneously .assessing a transfer tax upon the transfer ■of United States bonds owned by Jane S. von Post, deceased. The decedent died October 8, 1895, the owner of $61,000 United States bonds. They formed part of her residuary estate, which by the terms of the will was left in trust for the benefit of her husband, Herman C. von Post, during his life. Upon the basis of the value given by the State Insurance Superintendent to the life interest of the said H. O. von Post in the decedent’s residuary estate, the value of his life…
1Opinion of the Court
Thomas, S.—
On May 9, 1896, an order was made fixing the tax upon the transfers under the will of the testator*. The *280tax was paid April 7, 1896. An application is now made for an order amending the order fixing the tax by deducting from the taxable interest of the life tenant the value of his interest in certain United States bonds forming a part of the residuary estate, upon the ground that, as the law then stood, transfers of such bonds were exempt from the transfer tax. By Laws of 1896, chapter 908, section 209, being the “ Tax Law,” it is enacted that the Surrogate’s Court “ shall have…
2Cases cited1 opinion
- In re Estate of CrerarAppellate Division of the Supreme Court of the State of New York · 1900
3Cited by2 opinions
- In re the Transfer Tax On the Estate of ScrimgeourNew York Surrogate's Court · 1902
- In re Clarkson's EstateNew York Surrogate's Court · 1912