Estate of Labombarde v. Commissioner
United States Tax Court
Beatrice M. Labombarde died June 1, 1968. Petitioners, executors of her estate and her only children, had been concerned about decedent's financial situation following the death of their father in 1951. Therefore, in 1952 or 1953, they had agreed among themselves to each convey approximately $ 5,000 per year to or for their mother's benefit so as to permit her to live comfortably.
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Beatrice M. Labombarde died June 1, 1968. Petitioners, executors of her estate and her only children, had been concerned about decedent's financial situation following the death of their father in 1951. Therefore, in 1952 or 1953, they had agreed among themselves to each convey approximately $ 5,000 per year to or for their mother's benefit so as to permit her to live comfortably. In 1966, petitioners, along with the deceased, met with tax counsel to discuss the status of the funds contributed by petitioners. Following counsel's instructions decedent wrote a letter to petitioners which…
1Opinion of the Court
Estate of Beatrice M. Labombarde, Raymond A. Labombarde, Philip deG. Labombarde, and Yvette L. Chagnon, Coexecutors, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Labombarde v. Commissioner
Docket No. 3937-70
United States Tax Court
58 T.C. 745; 1972 U.S. Tax Ct. LEXIS 77;
August 9, 1972, Filed
Decision will be entered under Rule 50.
Beatrice M. Labombarde died June 1, 1968. Petitioners, executors of her estate and her only children, had been concerned about decedent's financial situation following the death of their father in 1951. Therefore, in 1952 or 1953, they had agreed…
2Cases cited31 opinions
- United States v. WellsSupreme Court of the United States · 1931
- Fire Ins. Assn., Ltd. v. WickhamSupreme Court of the United States · 1891
- Griswold v. Heat CorporationSupreme Court of New Hampshire · 1967
- Commonwealth v. Chin KeeMassachusetts Supreme Judicial Court · 1933
- Rude v. CommissionerUnited States Tax Court · 1967
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