Rice v. Commissioner
United States Tax Court
Petitioners' decedent, who died May 26, 1941, acquired through the will of his wife, who died August 12, 1937, and named him the executor of her estate and sole legatee thereof, certain specified items of real and personal property, the value of which at the time of her death was $ 72,518.12. Decedent's wife was indebteded to him to the extent of $ 54,500. Her gross estate was valued at $ 112,228.10. The decedent duly qualified as executor of his wife's estate on September…
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Petitioners' decedent, who died May 26, 1941, acquired through the will of his wife, who died August 12, 1937, and named him the executor of her estate and sole legatee thereof, certain specified items of real and personal property, the value of which at the time of her death was $ 72,518.12. Decedent's wife was indebteded to him to the extent of $ 54,500. Her gross estate was valued at $ 112,228.10. The decedent duly qualified as executor of his wife's estate on September 13, 1937. No other proceedings in the administration of the estate were taken and no final accounting thereof was ever…
1Opinion of the Court
Estate of George Rice, Fae H. Rice, Harold M. Greenebaum and the Chase National Bank of the City of New York as Executors, Petitioners, v. Commissioner of Internal Revenue, Respondent
Rice v. Commissioner
Docket No. 6570
United States Tax Court
7 T.C. 223; 1946 U.S. Tax Ct. LEXIS 141;
June 26, 1946, Promulgated
Decision will be entered under Rule 50.
Petitioners' decedent, who died May 26, 1941, acquired through the will of his wife, who died August 12, 1937, and named him the executor of her estate and sole legatee thereof, certain specified items of real and personal property, the value of which…
2Cases cited2 opinions
- Estate of Wilkinson v. CommissionerUnited States Tax Court · 1945
- Rice v. CommissionerUnited States Tax Court · 1946