Legal Opinion
The Colonial-American National Bank of Roanoke, of the Estate of Eustace B. Stone, Deceased v. United States
Court of Appeals for the Fourth Circuit
Decided April 8, 1957No. 7360_1PublishedCited by 9 opinions
1Opinion of the Court
SOBELOFF, Circuit Judge.
In this estate tax case the question is whether or not the corpus of a trust created by the decedent during his life for the benefit of his wife is includible in his gross estate. The District Court held that it was properly included by the Commissioner as transferred property in which the decedent-settlor retained for his life the enjoyment or right to the income.
On April 1, 1947, the decedent, Dr. Eustace B. Stone, a physician of Roanoke, Virginia, conveyed to an individual and the appellant bank certain securities to be held in trust for his insane wife, with gifts…
2Cases cited9 opinions
- Corliss v. BowersSupreme Court of the United States · 1930
- Douglas v. WillcutsSupreme Court of the United States · 1935
- Commissioner of Internal Revenue v. BranchCourt of Appeals for the First Circuit · 1940
- Shanley v. BowersCourt of Appeals for the Second Circuit · 1936
- Sheridan v. KrauseSupreme Court of Virginia · 1934
4 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Chrysler v. CommissionerUnited States Tax Court · 1965
- Allen v. Wilson (In Re Wilson)United States Bankruptcy Court, W.D. Virginia · 1980
- Lee v. CommissionerUnited States Tax Court · 1960
- Lynn S. Richards, of the Estate of Stephen L. Richards, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1967
- First National Bank of Montgomery v. United StatesDistrict Court, M.D. Alabama · 1962
4 more not listed; retrieve them via the Exa API.