Legal Opinion
Bullock v. City National Bank of Austin
Court of Appeals of Texas
Decided April 27, 1977No. 12523PublishedCited by 3 opinions
1Opinion of the Court
O’QUINN, Justice.
The City National Bank of Austin, as independent executor of two estates and trustee of a trust, brought this suit to recover inheritance taxes paid under protest to the Comptroller of Public Accounts. 1
Events giving rise to the tax in controversy began in 1971 with creation of certain trusts by Jack H. Lyon, joined by his wife Georgann A. Lyon, and funded by insurance policies on Lyon’s life, with the City National Bank named trustee. Subsequently, on April 22, 1973, Lyon and his wife, together with all their children, died in a common disaster when an airplane in which they…
2Cases cited5 opinions
- Commissioner of Internal Revenue v. EdwardsCourt of Appeals for the Seventh Circuit · 1943
- Estate of Ellen M. Wien, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1971
- Estate of Harriet H. Chown, Deceased, Howard B. Somer v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1970
- Estate of Nathalie Meltzer, Deceased, Louis A. Zuckerman and David M. Osnos, Co-Executors v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1971
- Old Kent Bank and Trust Company, as of the Estate of Mildred S. Goodwin, Deceased v. United States of America, Old Kent Bank and Trust Company, as of the Estate of Frank T. Goodwin, Deceased v. United StatesCourt of Appeals for the Sixth Circuit · 1970
3Cited by3 opinions
- Estate of Cavenaugh v. CommissionerUnited States Tax Court · 1993
- Estate of Cervin v. CommissionerUnited States Tax Court · 1994
- Estate of Cavenaugh v. CommissionerUnited States Tax Court · 1993