Legal Opinion
Groppo v. Jacks
Supreme Court of Connecticut
Decided March 7, 1989No. 13451PublishedCited by 2 opinions
1Opinion of the CourtShea, J.
The issue in this case is whether a mortgage debt as described in General Statutes § 12-350 (h)1 that is discharged from tax exempt insurance proceeds under General Statutes § 12-342,2 “reduces the gross taxable estate” for purposes of computing the state succession tax. We agree with the trial court that such a debt reduces the gross taxable estate under § 12-350, and accordingly, we find no error in the judgment.
*279The parties have stipulated to the relevant facts in this case. Robert L. Jacks (the decedent) owned real estate in Middlebury, having an appraised value of $330,000, subject to a…
2Cases cited6 opinions
- Cochran v. McLaughlinSupreme Court of Connecticut · 1942
- State v. TysonSupreme Court of Connecticut · 1985
- Connelly v. WellsSupreme Court of Connecticut · 1955
- National Amusements, Inc. v. BrownSupreme Court of Connecticut · 1976
- Newell v. McLaughlinSupreme Court of Connecticut · 1939
1 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Department of Income Maintenance v. WattsSupreme Court of Connecticut · 1989
- Eastman Kodak v. Comm. of Revenue Serv., No. Cv 98 0492598s (May 26, 2000)Connecticut Superior Court · 2000