Merrill Trust Co. v. Commissioner
United States Board of Tax Appeals
The value at date of death of insurance policies upon the life of a testate decedent of the State of Maine, whose estate is not insolvent, payable to the decedent's executors, administrators, or assigns, is includable in the value of the gross estate.
1Opinion of the Court
MERRILL TRUST CO. AND VINAL SMART, EXECUTORS UNDER THE WILL OF JAMES A. DUNNING, DECEASED, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Merrill Trust Co. v. Commissioner
Docket No. 38803.
United States Board of Tax Appeals
21 B.T.A. 970; 1930 BTA LEXIS 1757;
December 30, 1930, Promulgated
The value at date of death of insurance policies upon the life of a testate decedent of the State of Maine, whose estate is not insolvent, payable to the decedent's executors, administrators, or assigns, is includable in the value of the gross estate.
Herbert J. Connell, Esq., for the petitioners.
Jo…
2Cases cited1 opinion
- Merrill Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1930