Graham v. Commissioner
United States Tax Court
Held: 1. The ascertainable value of a reversionary interest retained by the decedent, the creator of an irrevocable inter vivos trust in 1929, is includable in decedent's gross estate under section 2033, I.R.C. 1954. 2. No part of the corpus of the trust is includable in decedent's gross estate under the provisions of sections 2037 and 2038(a)(2), I.R.C. 1954.
1Opinion of the Court
Estate of James H. Graham, Deceased, Liberty National Bank and Trust Company of Louisville, Executor, Petitioner, v. Commissioner of Internal Revenue, Respondent
Graham v. Commissioner
Docket No. 4155-64
United States Tax Court
46 T.C. 415; 1966 U.S. Tax Ct. LEXIS 83;
June 23, 1966, Filed
Decision will be entered for the petitioner.
Held: 1. The ascertainable value of a reversionary interest retained by the decedent, the creator of an irrevocable inter vivos trust in 1929, is includable in decedent's gross estate under section 2033, I.R.C. 1954.
2. No part of the corpus of the trust is includable in…
2Cases cited35 opinions
- Freuler v. HelveringSupreme Court of the United States · 1934
- Commissioner v. WilcoxSupreme Court of the United States · 1946
- Estate of Spiegel v. CommissionerSupreme Court of the United States · 1949
- Helvering v. Safe Deposit & Trust Co. of BaltimoreSupreme Court of the United States · 1942
- National Shawmut Bank v. JoyMassachusetts Supreme Judicial Court · 1944
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