Rummel v. State

The question here presented arises under the state inheritance tax laws. After Franklin Rummel, a resident of South Dakota, died there was found in his safety deposit box United States Saving Bonds payable either to “Franklin Rummel or Matilda Rummel” or to “Franklin Rummel or Jacob P. Rummel”. The bonds were purchased by decedent with his own money. Matilda Rummel and Jacob P. Rummel were sister and brother of the deceased. In the inheritance tax report the executor of the estate of Franklin Rummel stated: “Note: Decedent during his lifetime owned $30,543.00 United States Bonds payable to…