Dodge v. Commissioner
United States Board of Tax Appeals
The petitioner, under a trust established by the will of his father, had an equitable life interest therein consisting of the right to receive one third of the income of the fund after the death of his mother, who died in 1921. On September 13, 1929, the petitioner "for valuable consideration" assigned to each of two daughters for life one twelfth "of the income of the residuary trust under the will of Elisha P. Dodge [his father] accruing from September 1, 1929, to the date…
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The petitioner, under a trust established by the will of his father, had an equitable life interest therein consisting of the right to receive one third of the income of the fund after the death of his mother, who died in 1921. On September 13, 1929, the petitioner "for valuable consideration" assigned to each of two daughters for life one twelfth "of the income of the residuary trust under the will of Elisha P. Dodge [his father] accruing from September 1, 1929, to the date of my death." Payments pursuant to the rights assigned were thereafter made by the trustees to the assignees, the first…
1Opinion of the Court
ROBERT G. DODGE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Dodge v. Commissioner
Docket Nos. 63404, 70509.
United States Board of Tax Appeals
29 B.T.A. 632; 1933 BTA LEXIS 909;
December 26, 1933, Promulgated
The petitioner, under a trust established by the will of his father, had an equitable life interest therein consisting of the right to receive one third of the income of the fund after the death of his mother, who died in 1921. On September 13, 1929, the petitioner "for valuable consideration" assigned to each of two daughters for life one twelfth "of the income of the…
2Cases cited1 opinion
- Dodge v. CommissionerUnited States Board of Tax Appeals · 1933