Estate of Haskell v. Commissioner
United States Tax Court
Decedent's will directed his executrix to set aside in trust for the benefit of his wife an amount equal to the "maximum estate marital deduction (allowable when determining the Federal Estate Tax on my gross estate)." The will did not specify whether the New Jersey transfer inheritance tax should be paid from such amount or from the residue of his estate.
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Decedent's will directed his executrix to set aside in trust for the benefit of his wife an amount equal to the "maximum estate marital deduction (allowable when determining the Federal Estate Tax on my gross estate)." The will did not specify whether the New Jersey transfer inheritance tax should be paid from such amount or from the residue of his estate. Held, applying New Jersey law to the language of the will and all the surrounding circumstances, the testator's intent was to have the residue of his estate bear the sole burden of the New Jersey transfer inheritance tax and the value of…
1Opinion of the Court
Estate of Amory Lawrence Haskell, Deceased, Blanche Angell Haskell, Executrix, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Haskell v. Commissioner
Docket No. 5740-70
United States Tax Court
58 T.C. 197; 1972 U.S. Tax Ct. LEXIS 136;
May 2, 1972, Filed
Decision will be entered under Rule 50.
Decedent's will directed his executrix to set aside in trust for the benefit of his wife an amount equal to the "maximum estate marital deduction (allowable when determining the Federal Estate Tax on my gross estate)." The will did not specify whether the New Jersey transfer inheritance…
2Cases cited9 opinions
- Turner v. ColeSupreme Court of New Jersey · 1935
- Gaede v. CarrollSupreme Court of New Jersey · 1933
- Morristown Trust Co. v. ChildsNew Jersey Court of Chancery · 1940
- Case v. RoeblingNew Jersey Superior Court Appellate Division · 1956
- Commercial Trust Co. v. MillardNew Jersey Court of Chancery · 1937
4 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Putnam v. PutnamMassachusetts Supreme Judicial Court · 1974
- Estate of Wycoff v. CommissionerUnited States Tax Court · 1973
- Estate of Reid v. CommissionerUnited States Tax Court · 1988
- First Trust Co. of St. Paul v. United StatesDistrict Court, D. Minnesota · 1975
- Estate of Allen v. CommissionerUnited States Tax Court · 1993
13 more not listed; retrieve them via the Exa API.