Legal Opinion
The Estate of Nellie S. Johnston, Deceased, by Robert B. Payne, Independent v. United States
Court of Appeals for the Fifth Circuit
Decided January 8, 1986No. 84-1757PublishedCited by 8 opinions
1Opinion of the Court
POLITZ, Circuit Judge:
This case presents the res nova question whether proceeds from interests in oil and gas properties, received by a decedent’s estate between the date of death and the alternate valuation date authorized by 26 U.S.C. § 2032(a), are includible in the gross estate, in whole or in part, for the purpose of determining the federal estate tax. 1 The district court held that no portion of such proceeds was includible in the gross estate. 586 F.Supp. 500 (N.D.Tex.1984). The government appeals. We reverse and remand.
BACKGROUND
The facts are not in dispute and need only be summarized…
2Cases cited30 opinions
- Burnet v. HarmelSupreme Court of the United States · 1932
- Bull v. United StatesSupreme Court of the United States · 1935
- Anderson v. HelveringSupreme Court of the United States · 1940
- Commissioner v. Southwest Exploration Co.Supreme Court of the United States · 1956
- Ohio Oil Company v. IndianaSupreme Court of the United States · 1900
25 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Estate of F.G. Holl, Deceased and Bank IV Wichita, N.A. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1992
- Estate of F.G. Holl, Deceased, Bank IV Wichita, N.A. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1995
- Estate of Holl v. CommissionerUnited States Tax Court · 1990
- In Re Succession of DavisLouisiana Court of Appeal · 2008
- Estate of Holl v. CommissionerUnited States Tax Court · 1993
3 more not listed; retrieve them via the Exa API.