Baldwin v. Commissioner
United States Board of Tax Appeals
1. Decedent's conveyance of real estate to her son with the understanding, which was carried out, that the latter would execute a reconveyance to her to be recorded upon the son's prior death or to be destroyed upon the decedent's prior death, held, to be a transfer intended to take effect in possession or enjoyment at or after death, requiring the value of the property to be included in decedent's estate.
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1. Decedent's conveyance of real estate to her son with the understanding, which was carried out, that the latter would execute a reconveyance to her to be recorded upon the son's prior death or to be destroyed upon the decedent's prior death, held, to be a transfer intended to take effect in possession or enjoyment at or after death, requiring the value of the property to be included in decedent's estate. Klein v. United States,283 U.S. 231, and Hallock v. Helvering,309 U.S. 106, followed. 2. Communications between client and attorney in the presence of a third person, or which are, pursuant…
1Opinion of the Court
MURRAY BALDWIN, INDIVIDUALLY, AND AS EXECUTOR OF THE LAST WILL AND TESTAMENT OF JANET M. BALDWIN, DECEASED, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Baldwin v. Commissioner
Docket No. 86050.
United States Board of Tax Appeals
43 B.T.A. 183; 1940 BTA LEXIS 833;
December 31, 1940, Promulgated
1. Decedent's conveyance of real estate to her son with the understanding, which was carried out, that the latter would execute a reconveyance to her to be recorded upon the son's prior death or to be destroyed upon the decedent's prior death, held, to be a transfer intended to take effect in possession…
2Cases cited3 opinions
- Helvering v. HallockSupreme Court of the United States · 1940
- Klein v. United StatesSupreme Court of the United States · 1931
- Baldwin v. CommissionerUnited States Board of Tax Appeals · 1940