Foster v. Commissioner

WILLARD FOSTER, SARA FOSTER WILSON AND GRACE FOSTER THOMAS, EXECUTORS OF THE ESTATE OF N. C. FOSTER, DECEASED, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Foster v. Commissioner

Docket No. 32984.

United States Board of Tax Appeals

25 B.T.A. 414; 1932 BTA LEXIS 1527;

January 29, 1932, Promulgated

The transfers here involved were not made in contemplation of death.

John M. campbell, Esq., and P. M. Beach, Esq., for the petitioners.

A. H. Fast, Esq., for the respondent.

LANSDON

OPINION.

LANSDON: The respondent has asserted a deficiency in estate tax in the amount of $13,663.92. The only…