Estate of Loewenstein v. Commissioner
United States Tax Court
1. Funds held by a resident trustee in the general bank account of the trust for the benefit of a nonresident alien, the sole life beneficiary, held, not excludible from her gross estate as bank deposits "by or for" a nonresident alien, within the meaning of section 863 (b), I. R. C. 2. Value of real estate determined for estate tax purposes.
1Opinion of the Court
Estate of Fredericka Loewenstein, Deceased, Max S. Lowenstein, Executor, Petitioner, v. Commissioner of Internal Revenue, Respondent
Estate of Loewenstein v. Commissioner
Docket No. 25414
United States Tax Court
17 T.C. 60; 1951 U.S. Tax Ct. LEXIS 124;
July 23, 1951, Promulgated
Decision will be entered under Rule 50.
1. Funds held by a resident trustee in the general bank account of the trust for the benefit of a nonresident alien, the sole life beneficiary, held, not excludible from her gross estate as bank deposits "by or for" a nonresident alien, within the meaning of section 863 (b), I. R. C.
2.…
2Cases cited8 opinions
- De Guebriant v. CommissionerUnited States Tax Court · 1950
- Jandorfs Estate v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1948
- Weiss v. CommissionerUnited States Tax Court · 1946
- Estate of Davey v. CommissionerUnited States Tax Court · 1948
- Gade v. CommissionerUnited States Tax Court · 1948
3 more not listed; retrieve them via the Exa API.