Estate of Milliken v. Commissioner
United States Tax Court
Pursuant to a will and a trust instrument executed on the same day, the decedent provided for the establishment of a marital deduction trust at his death to be carved out of the foregoing trust and to be funded with property equal in value to one-half of his adjusted gross estate for Federal estate tax purposes, less the value of property passing outright to his widow.
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Pursuant to a will and a trust instrument executed on the same day, the decedent provided for the establishment of a marital deduction trust at his death to be carved out of the foregoing trust and to be funded with property equal in value to one-half of his adjusted gross estate for Federal estate tax purposes, less the value of property passing outright to his widow. Held: Decedent's will and related trust instrument, interpreted in accordance with standards of Massachusetts law as expounded by the Supreme Judicial Court of Massachusetts, require Massachusetts inheritance taxes in respect…
1Opinion of the Court
Estate of Arthur Milliken, Charles B. Milliken, Executor, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Milliken v. Commissioner
Docket No. 951-77
United States Tax Court
70 T.C. 883; 1978 U.S. Tax Ct. LEXIS 61;
September 11, 1978, Filed
Decision will be entered under Rule 155.
Pursuant to a will and a trust instrument executed on the same day, the decedent provided for the establishment of a marital deduction trust at his death to be carved out of the foregoing trust and to be funded with property equal in value to one-half of his adjusted gross estate for Federal estate tax…
2Cases cited10 opinions
- Commissioner v. Estate of BoschSupreme Court of the United States · 1967
- Putnam v. PutnamMassachusetts Supreme Judicial Court · 1974
- Mazzola v. MyersMassachusetts Supreme Judicial Court · 1973
- Babson v. BabsonMassachusetts Supreme Judicial Court · 1977
- Boston Safe Deposit and Trust Company v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1965
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