Estate of Round v. Commissioner
United States Tax Court
Inter vivos trusts created by decedent under which he retained powers of invasion of corpus and accumulation of income held, on the facts, includable in gross estate, Lober v. United States, 346 U.S. 335 (1953); Estate of Milton C. Budlong, 7 T.C. 756 (1946), followed, notwithstanding that upon decedent's petition a conservator had been appointed, Estate of Edward L. Hurd, 6 T.C. 819 (1946), followed; undistributed trust income accumulated and added to principal, held,…
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Inter vivos trusts created by decedent under which he retained powers of invasion of corpus and accumulation of income held, on the facts, includable in gross estate, Lober v. United States, 346 U.S. 335 (1953); Estate of Milton C. Budlong, 7 T.C. 756 (1946), followed, notwithstanding that upon decedent's petition a conservator had been appointed, Estate of Edward L. Hurd, 6 T.C. 819 (1946), followed; undistributed trust income accumulated and added to principal, held, further, to be includable, Estate of E. A. Showers, 14 T.C. 902 (1950); Estate of Myrtle H. Newberry, 17 T.C. 597 (1951),…
1Opinion of the Court
Estate of John J. Round, Deceased, Boston Safe Deposit and Trust Company, John J. Round, Jr., Coexecutors, Petitioner, v. Commissioner of Internal Revenue, Respondent
Estate of Round v. Commissioner
Docket No. 95318
United States Tax Court
40 T.C. 970; 1963 U.S. Tax Ct. LEXIS 53;
September 18, 1963, Filed
Decision will be entered for the respondent.
Inter vivos trusts created by decedent under which he retained powers of invasion of corpus and accumulation of income held, on the facts, includable in gross estate, Lober v. United States, 346 U.S. 335 (1953); Estate of Milton C. Budlong, 7 T.C. 756…
2Cases cited19 opinions
- Porter v. CommissionerSupreme Court of the United States · 1933
- Commissioner v. Estate of HolmesSupreme Court of the United States · 1946
- Lober v. United StatesSupreme Court of the United States · 1953
- Industrial Trust Co. v. Commissioner of Internal Rev.Court of Appeals for the First Circuit · 1947
- Atwood v. City of BostonMassachusetts Supreme Judicial Court · 1941
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