In re the Appraisal under the Transfer Tax Law of the Estate of Haedrich

Wingate, S.

The question here presented is one of no inconsiderable moment in consequence of the growing practice of establishing trusts to hold policies of life insurance, collect the proceeds upon the death of the insured, and administer such proceeds according to the provisions of the trust instrument. It arises upon an appeal by the State Tax Commission from the pro forma order of this court entered February 27, 1929, assessing and determining the tax payable in accordance with the report of . the appraiser.

The grounds of the appeal are stated to be;

*742“ 1. That the Appraiser herein failed…