Morristown Trust Co. v. Manning

This is an appeal by the plaintiff from a judgment of the district court dismissing its action brought to recover federal estate tax alleged to have been erroneously exacted by the Collector from the estate of the plaintiff's decedent, Henry W. Williams, who died January 30, 1936. Two questions are involved. The first is wheth er certain annuity contracts purchased by tile decedent payable to himself during his life and after his death to his wife if she should survive him were subject to estate tax as transfers of property “intended to take effect in possession or enjoyment at or after his…