Legal Opinion
Lincoln Rochester Trust Co v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided April 19, 1950No. 193, Docket 21577PublishedCited by 37 opinions
1Opinion of the Court
CLARK, Circuit Judge.
Mary P. Morse of Rochester, N. Y., died on March 15, 1944, leaving a will wherein she bequeathed her residuary estate to a trustee to pay the income therefrom to one Lillian MacDonald for the latter’s life, and to pay “the remaining principal” at her death to three named charities. The trust also contained this provision: “My said Trustee is authorized, empowered and directed also to advance from said residuary estate to the said Lillian MacDonald such sums of principal as may be necessary for her proper care, support and maintenance.” The executor, in computing the…
2Cases cited19 opinions
- Blair v. CommissionerSupreme Court of the United States · 1937
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- Henslee v. Union Planters National Bank & Trust Co.Supreme Court of the United States · 1949
- Merchants Nat. Bank of Boston v. CommissionerSupreme Court of the United States · 1943
- In Re the Accounting of the Manufacturers National Bank of TroyNew York Court of Appeals · 1936
14 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- Blodget v. Delaney, CollectorCourt of Appeals for the First Circuit · 1953
- Lincoln Rochester Trust Company, as of the Estate of Frank M. Harroun v. George T. McGowan Collector of Internal RevenueCourt of Appeals for the Second Circuit · 1954
- United States v. PowellCourt of Appeals for the Tenth Circuit · 1962
- Samuel H. Salisbury, as Under the Will of Ora S. Hitchcock v. United StatesCourt of Appeals for the Second Circuit · 1967
- Estate of Sol Schildkraut, Deceased, Eugene Schildkraut and Lester Schildkraut, Executors v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1966
32 more not listed; retrieve them via the Exa API.