Ten Eyck v. Walsh

To retain the mastership of inter vivos transfers and yet to steer a safe course just off the legislatorial shoals of inheritance taxation demands in these days a very high degree of foresight, circumspection, and skill. Many have explored, few have discovered the direction. Modern legislation and its interpretation have shifted considerable alluvium into the channels of avoidance of either income or death taxes.

Mr. Jay Ten Eyck, an experienced lawyer and banker, who died testate on October 21st, 1943, a resident of Maplewood, Essex County, New Jersey, at the age of 78 years, 11 months, was…