Legal Opinion
Merchants Nat. Bank of Boston v. Commissioner
Supreme Court of the United States
Decided November 15, 1943No. 30PublishedCited by 275 opinions
1Opinion of the CourtJustice Rutledge
Ozro M. Field died in Massachusetts in 1936, leaving a gross estate of some $366,000. In his will he provided, after certain minor bequests, that the residue of his estate be held in trust, the income to go to his wife for life, and on her death all but $100,000 of the principal1 to go “free and discharged of this trust” to certain named charities. Under the trust set up by the will, the trustee, petitioner here, was authorized to invade the corpus “at such time or times as my said Trustee shall in its sole discretion deem *258wise and proper for the comfort, support, maintenance, and/or…
2Cases cited13 opinions
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- Helvering v. WinmillSupreme Court of the United States · 1938
- Humes v. United StatesSupreme Court of the United States · 1928
- Taft v. CommissionerSupreme Court of the United States · 1938
- Hartford-Connecticut Trust Co. v. EatonCourt of Appeals for the Second Circuit · 1929
8 more not listed; retrieve them via the Exa API.
3Cited by275 opinions
- Henslee v. Union Planters National Bank & Trust Co.Supreme Court of the United States · 1949
- Commissioner v. Estate of SternbergerSupreme Court of the United States · 1955
- Newton Trust Co. v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1947
- Blodget v. Delaney, CollectorCourt of Appeals for the First Circuit · 1953
- Lincoln Rochester Trust Company, as of the Estate of Frank M. Harroun v. George T. McGowan Collector of Internal RevenueCourt of Appeals for the Second Circuit · 1954
270 more not listed; retrieve them via the Exa API.