Bruner v. Commissioner
United States Tax Court
By his will the decedent gave his residuary estate to two trustees (who are also his executors), with directions that the income should be paid over to named beneficiaries, "Said payments to continue semiannually from the time of my death."
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By his will the decedent gave his residuary estate to two trustees (who are also his executors), with directions that the income should be paid over to named beneficiaries, "Said payments to continue semiannually from the time of my death." The testamentary trust was set up on January 17, 1942. During 1940 the executors on their books credited the testamentary trust beneficiaries with the portions of the net income of the estate for that year, which they computed as belonging to them. On January 17, 1942, they made similar credits to the trust beneficiaries of 1941 income. In income tax…
1Opinion of the Court
Estate of Peter Anthony Bruner, Deceased, Clement Stephen Rodgers and Andrew Dennis McNamara, Executors, Petitioners, v. Commissioner of Internal Revenue, Respondent
Bruner v. Commissioner
Docket Nos. 792, 3022
United States Tax Court
3 T.C. 1051; 1944 U.S. Tax Ct. LEXIS 94;
July 4, 1944, Promulgated
Decisions will be entered under Rule 50.
By his will the decedent gave his residuary estate to two trustees (who are also his executors), with directions that the income should be paid over to named beneficiaries, "Said payments to continue semiannually from the time of my death." The testamentary trust…
2Cases cited4 opinions
- Freuler v. HelveringSupreme Court of the United States · 1934
- Bruner v. CommissionerUnited States Tax Court · 1944
- Estate of BrownSupreme Court of Pennsylvania · 1899
- Estate of William Band, Jr.Superior Court of Pennsylvania · 1931