Legal Opinion
Commissioner of Internal Revenue v. Flanders
Court of Appeals for the Second Circuit
Decided April 15, 1940No. 190PublishedCited by 18 opinions
1Opinion of the Court
SWAN, Circuit Judge.
Edward Severin Clark died on September 19, 1933. Long before his death he had set up two trusts which are known, respectively, as Trust No. 3 and Trust No. 4. Con-cededly neither trust was made in contemplation of death; but- the commissioner ruled that the settlor retained sufficient power and interest with respect to the property of each trust to justify the inclusion of its value as part of the decedent’s gross estate under section 302 of the Revenue Act of 1926, 44 Stat. 70, as Amended in 1932, 47 Stat. 279, 26 U.S.C.AJnt.Rev.Acts, page 226. The Board reversed the…
2Cases cited10 opinions
- Helvering v. HallockSupreme Court of the United States · 1940
- Reinecke v. Northern Trust Co.Supreme Court of the United States · 1929
- Nichols v. CoolidgeSupreme Court of the United States · 1927
- Hassett v. WelchSupreme Court of the United States · 1938
- Helvering v. HelmholzSupreme Court of the United States · 1935
5 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Jennings v. SmithCourt of Appeals for the Second Circuit · 1947
- Helvering v. United States Trust Co.Court of Appeals for the Second Circuit · 1940
- Liberty National Bank & Trust Co. of Louisville v. GeorgeDistrict Court, W.D. Kentucky · 1987
- Richards v. Citicorp Mortgage, Inc. (Richards)United States Bankruptcy Court, D. Massachusetts · 1993
- Du Charme's Estate v. Commissioner of Internal Rev.Court of Appeals for the Sixth Circuit · 1947
13 more not listed; retrieve them via the Exa API.