Benson Estate

TAXIS, P. J.,

Decedent died November 28,1964, survived by her husband, Richard Benson, and her two daughters, Mary Benson Booth and Ethel Benson Wister. Her estate is given outright and in equal shares to her husband and her two daughters, and Richard Benson has qualified as executor.

The original inventory listed assets of approximately $2,420,000. Subsequently, the Internal Revenue Service asserted, for Federal estate tax purposes, that the estate also included a remainder interest in an inter vivos trust dated June 1, 1937. This trust was created by decedent’s father, J. N. Pew, Jr., and the…