Sneed v. Commissioner
United States Board of Tax Appeals
1. Prior to his marriage petitioner's brother conveyed to him an interest in their father's estate, and thereafter petitioner asserted claim thereto in partition proceedings and upon distribution of the estate received certain real estate.
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1. Prior to his marriage petitioner's brother conveyed to him an interest in their father's estate, and thereafter petitioner asserted claim thereto in partition proceedings and upon distribution of the estate received certain real estate. But conveyance was made to petitioner under agreement that the lands were not to be his until he paid fo them; that, until petitioner made payment, the brother might convey to another; and that the purpose of the conveyance was to put title in petitioner so that a loan could be obtained on the property and the brother's debts discharged. Thereafter,…
1Opinion of the Court
*1125OPINION.
Goodhicii :
It is admitted that under the Texas statutes1 the lands purchased by petitioner prior to his marriage, his interest in the partnership lands which he owned prior to marriage, and the lands representing his interest in his father’s estate were his separate property. It is clear also, and respondent inferentially admits it, that the lands purchased by petitioner subsequent to his marriage are community property. Since the record (Exhibits 1 and 2) discloses the source and date of acquisition of all the tracts under lease (and we are here concerned only with the leased lands),…
2Cases cited24 opinions
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- Arnold v. LeonardTexas Supreme Court · 1925
- Murphy Oil Co. v. BurnetSupreme Court of the United States · 1932
- Caruthers v. LeonardTexas Commission of Appeals · 1923
- Group No. 1 Oil Corp. v. BassSupreme Court of the United States · 1931
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3Cited by6 opinions
- Frederic P. Holbrook, Trustee in Bankruptcy of the Estate of Mitchell H. Hewitt, Bunkrupt v. United StatesCourt of Appeals for the Ninth Circuit · 1960
- Crabb v. CommissionerUnited States Board of Tax Appeals · 1942
- Sneed v. CommissionerUnited States Board of Tax Appeals · 1934
- Sneed v. CommissionerUnited States Board of Tax Appeals · 1939
- Stewart v. CommissionerUnited States Board of Tax Appeals · 1937
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