In Re Estate of Toy

Carleton B. Toy died testate on March 20, 1932, a resident of Woodbury county. His will was probated., and the executors filed an inventory, a part of which was designated as schedule 4. By its terms this schedule 4 purported to be merely informative that on May 22, 1926, decedent had executed a written instrument transferring in trust all of the property set out in schedule 4 and that this property was not subject to inheritance tax on account of its alienation by decedent by the trust instrument prior to his death. In subsequent proceedings establishing the amount of the inheritance tax due…