Estate of Kinney v. Commissioner
United States Tax Court
Decedent's renunciation of right to stock dividends received and held by trust and to which she was entitled as income beneficiary of the trust under State law, held, a transfer with retained life estate within the meaning of sec. 2036, I.R.C. 1954. Held, also, the stock dividends, which remained in the trust at death, should be included in decedent's estate at actual value.
1Opinion of the Court
Estate of Anna Hart Kinney, Deceased, Irving Trust Company, Executor, Petitioner, v. Commissioner of Internal Revenue, Respondent
Estate of Kinney v. Commissioner
Docket No. 87718
United States Tax Court
39 T.C. 728; 1963 U.S. Tax Ct. LEXIS 201;
January 31, 1963, Filed
Decision will be entered under Rule 50.
Decedent's renunciation of right to stock dividends received and held by trust and to which she was entitled as income beneficiary of the trust under State law, held, a transfer with retained life estate within the meaning of sec. 2036, I.R.C. 1954. Held, also, the stock dividends, which…
2Cases cited17 opinions
- Morgan v. CommissionerSupreme Court of the United States · 1940
- Estate of Sanford v. CommissionerSupreme Court of the United States · 1939
- In Re the Accounting of OsborneNew York Court of Appeals · 1913
- Brown v. RoutzahnCourt of Appeals for the Sixth Circuit · 1933
- Higgs v. CommissionerUnited States Tax Court · 1949
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