Bosworth v. Commonwealth

Judge Cammack

Affirming.

This is an appeal from a judgment sustaining an order of the Kentucky Tax Commission assessing an inheritance tax against the estate of Joseph P. Bosworth, Sr., deceased. In 1930, Mr. Bosworth conveyed real estate in trust to the Lincoln Bank & Trust Com*281pany. The net income of the trust fund was to be paid first to Mr. Bosworth for his life, or as he might direct in writing, then to his wife, Lizzie Bosworth, for life, or as she might direct in writing. After the deaths of both Mr. and Mrs. Bosworth, one-half of the income was to be paid to Eleanora B. Ramey, or her…