Louis J. Krakoff, of the Estate of Anna Krakoff, Deceased v. United States

WEICK, Circuit Judge.

This appeal is from an order of the District Court, granting summary judgment in favor of the government in a gift tax refund case in which both parties had filed motions for summary judgment upon a stipulation of the facts.

Abraham Krakoff died testate in Ohio on December 20, 1960, at which time he held seven bank accounts and some corporate stock with his wife Anna as joint tenants with the right of survivorship. At his death, Abraham was survived by Anna and four adult children. Abraham’s will, which was admitted to probate and record by the Probate Court of Franklin…