Legal Opinion
First National Bank of Shreveport v. United States
District Court, W.D. Louisiana
Decided December 27, 1963No. Civ. A. No. 8611PublishedCited by 1 opinion
1Opinion of the Court
BEN C. DAWKINS, Jr., Chief Judge.
The executor of the Estate of Lillian B. Fain brings this action for recovery of federal estate taxes in the amount of $195,963.19, plus interest, alleged by plaintiff to have been illegally assessed and collected.
The controversy stems from the Commissioner’s inclusion in decedent’s estate of the corpus of the Lillian B. Glassell Trust,' valued at $919,227.47. Plaintiff contends that, although decedent was nominally the settlor of the trust, decedent did not have a transferable interest in the principal, nor make a voluntary transfer, nor retain a life…
2Cases cited4 opinions
- Bender v. PfaffSupreme Court of the United States · 1930
- Phillips v. PhillipsSupreme Court of Louisiana · 1926
- Commissioner of Internal Revenue v. Estate of Elizabeth W. Vease, Deceased, James L. VeaseCourt of Appeals for the Ninth Circuit · 1963
- Reed's Estate v. CommissionerCourt of Appeals for the Eighth Circuit · 1948
3Cited by1 opinion
- HASKINS'ESTATE v. United StatesDistrict Court, N.D. California · 1965