Hirsch v. Commissioner
United States Tax Court
Decedent's gross estate for Federal tax purposes consisted of assets of a value of $ 26,404.15 held in decedent's own name, personal property of a value of $ 235,990.30 held in the joint names of decedent and his wife, and insurance on decedent's life in the face amount of $ 14,200.16. From these assets the executrices of decedent's estate paid funeral and administration expenses and debts of the decedent in the total amount of $ 62,585.23, including arrears in income taxes…
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Decedent's gross estate for Federal tax purposes consisted of assets of a value of $ 26,404.15 held in decedent's own name, personal property of a value of $ 235,990.30 held in the joint names of decedent and his wife, and insurance on decedent's life in the face amount of $ 14,200.16. From these assets the executrices of decedent's estate paid funeral and administration expenses and debts of the decedent in the total amount of $ 62,585.23, including arrears in income taxes and interest thereon in the amounts of $ 40,957.23 and $ 12,202.68 owed by the decedent to the Federal and state…
1Opinion of the Court
The Estate of Samuel Hirsch, Deceased, Lena Hirsch, Beatrice Abrams, Evelyn Liroff and Alice Harkavy, Executrices, Petitioners, v. Commissioner of Internal Revenue, Respondent
Hirsch v. Commissioner
Docket No. 19585
United States Tax Court
14 T.C. 509; 1950 U.S. Tax Ct. LEXIS 242;
March 30, 1950, Promulgated
Decision will be entered under Rule 50.
Decedent's gross estate for Federal tax purposes consisted of assets of a value of $ 26,404.15 held in decedent's own name, personal property of a value of $ 235,990.30 held in the joint names of decedent and his wife, and insurance on decedent's life in…
2Cases cited5 opinions
- Ga Nun v. . PalmerNew York Court of Appeals · 1916
- In Re the Transfer Tax Upon the Estate of McKelwayNew York Court of Appeals · 1917
- Degnan v. General Accident, Fire & Life Assurance Corp. of Perth, ScotlandNew York Court of Appeals · 1917
- Belfanc v. BelfancNew York Court of Appeals · 1938
- Hirsch v. CommissionerUnited States Tax Court · 1950