First National Bank and Trust Company v. Zink

The executors of the will of Rita F. Berg appeal from a transfer inheritance tax levied upon the purchase on January 28, 1946 of a straight life annuity for $25,000 on the life of Mr. Wallace MacMurray and payable to him as an inter vivos transfer made in contemplation of death. Rita F. Berg died on August 5, 1947 at the age of 78. She had no children and her husband was confined in a mental institution. At the hearing before the Division of Taxation of the Department of Taxation and Finance the decedent's attending physician, Dr. Charles E. Jones, testified that decedent had been under his…