Goldstein's Estate v. United States

MADDEN, Judge.

The plaintiffs are the executrix and executor, respectively, of the estate of Louis Goldstein, who died in 1945. A federal estate tax return was filed and the tax shown by the return to be due was paid. The taxing authorities asserted that there was a deficiency based, so far as here material, upon the failure to include in the gross estate of the decedent the proceeds of three policies of life insurance amounting to $82,970.-64. The deficiency was paid, a claim for refund was filed and rejected, and this suit was brought.

The three insurance policies were issued on July 13,…