Estate of Powell v. Powell

MR. CHIEF JUSTICE JAMES T. HARRISON

delivered the Opinion of the Court.

This is an appeal by the State Board of Equalization from a judgment and decree entered in the district court of Blaine County, Montana, which excluded certain property from imposition of inheritance taxes.

There appears to be no dispute on the facts. Lulu B. Powell, wife of John R. Powell and mother of John Maurice Powell, died on January 28, 1960. At the time of her death certain United States bonds contained this designation: “John R. Powell or Mrs. Lulu B. Powell.” Certain other United States bonds contained her name and…