Estate of Fiedler v. Commissioner
United States Tax Court
Under an insurance policy, the direct beneficiary, who was the surviving spouse of the insured, had the right as of the date of the insured's death, to select any one of four settlement options. The settlement options provided that the insurer would pay the proceeds in installments or would hold them and pay interest thereon.
Read the full summary
Under an insurance policy, the direct beneficiary, who was the surviving spouse of the insured, had the right as of the date of the insured's death, to select any one of four settlement options. The settlement options provided that the insurer would pay the proceeds in installments or would hold them and pay interest thereon. The insurer was obligated under any of the settlement options to commence payment, at the latest, within 1 month after the death of the insured or after an election of a settlement option by the surviving spouse. Under a marital deduction provision in the policy, the…
1Opinion of the Court
Estate of Blanche T. Fiedler, Deceased, Albert C. Fiedler, Personal Representative, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Fiedler v. Commissioner
Docket No. 3188-75
United States Tax Court
67 T.C. 239; 1976 U.S. Tax Ct. LEXIS 24;
November 17, 1976, Filed
Decision will be entered for the petitioner.
Under an insurance policy, the direct beneficiary, who was the surviving spouse of the insured, had the right as of the date of the insured's death, to select any one of four settlement options. The settlement options provided that the insurer would pay the proceeds in…
2Cases cited8 opinions
- Commissioner v. Estate of BoschSupreme Court of the United States · 1967
- United States v. StapfSupreme Court of the United States · 1964
- Northeastern Pennsylvania National Bank & Trust Co. v. United StatesSupreme Court of the United States · 1967
- Estate of Jerome Mittleman, Deceased, Henrietta Mittleman, Irving B. Yochelson and Solomon Grossberg, Executors v. Commissioner of Internal RevenueCourt of Appeals for the D.C. Circuit · 1975
- Estate of Thomas C. Werbe, American Fletcher National Bank and Trust Company, Administrator, C.T.A. v. United StatesCourt of Appeals for the Seventh Circuit · 1959
3 more not listed; retrieve them via the Exa API.