Fruehauf v. Commissioner
United States Tax Court
Decedent's wife owned several insurance policies taken out on the life of her husband. She died 14 months before her husband. In the wife's will it was provided that the policies were to go to a trust of which decedent was cotrustee and income beneficiary.
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Decedent's wife owned several insurance policies taken out on the life of her husband. She died 14 months before her husband. In the wife's will it was provided that the policies were to go to a trust of which decedent was cotrustee and income beneficiary. The trustees were given broad powers to retain policies as long as they desired, to assign some of the policies to obtain money to pay premiums, to designate themselves as beneficiaries, and to sell or convert policies for cash surrender value. Held, the proceeds of the policies were correctly included in decedent's estate and he held…
1Opinion of the Court
Estate of Harry R. Fruehauf, Deceased, Natonal Bank of Detroit, Harry R. Fruehauf, Jr., and Thomas L. Munson, Coexecutors, Petitioner v. Commissioner of Internal Revenue, Respondent
Fruehauf v. Commissioner
Docket No. 3484-66
United States Tax Court
50 T.C. 915; 1968 U.S. Tax Ct. LEXIS 62;
September 24, 1968, Filed
Decision will be entered under Rule 50.
Decedent's wife owned several insurance policies taken out on the life of her husband. She died 14 months before her husband. In the wife's will it was provided that the policies were to go to a trust of which decedent was cotrustee and income…
Also in this document: Concurrence.
2Cases cited24 opinions
- Reinecke v. SmithSupreme Court of the United States · 1933
- Commissioner v. Estate of HolmesSupreme Court of the United States · 1946
- Commissioner v. Estate of NoelSupreme Court of the United States · 1965
- United States v. Rhode Island Hospital Trust CompanyCourt of Appeals for the First Circuit · 1966
- Nettleton v. CommissionerUnited States Tax Court · 1945
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