Legal Opinion
Estate of Huntington v. Commissioner
United States Tax Court
Decided April 6, 1993No. 6007-91PublishedCited by 1 opinion
1Opinion of the Court
Swift, Judge:
Respondent determined a deficiency in the amount of $117,067 in the Federal estate tax of the Estate of Elizabeth G. Huntington (decedent).
After concessions, the issue remaining for decision is whether decedent’s estate may deduct as a claim against the estate under section 2053(a)(3) a $425,000 payment made by the estate in settlement of a lawsuit.
Unless otherwise indicated, all section references are to the Internal Revenue Code in effect as of the date of decedent’s death.
FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
Decedent died on December 24,…
2Cases cited10 opinions
- United States v. StapfSupreme Court of the United States · 1964
- Bank of New York v. United StatesCourt of Appeals for the Third Circuit · 1975
- Sanford D. Beecher and William White, Jr., Executors of the Estate of John Richard Geary v. United StatesCourt of Appeals for the Third Circuit · 1960
- In Re Estate of Harold Hartshorne, Deceased. Harold Hartshorne, Jr., and James M. Hartshorne, Executors v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1968
- Estate v. Woody v. CommissionerUnited States Tax Court · 1961
5 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Estate of Bates v. Comm'rUnited States Tax Court · 2012