Edwin F. Kline, of the Last Will and Testament of Fannie E. Kline, Deceased v. United States

This appeal is from an order of the District Court granting the motion of the United States for summary judg ment and dismissing the taxpayer’s suit for refund of $84,162.47 paid in federal estate tax and interest. Upholding the Commissioner of Internal Revenue, the District Court disallowed as a deduction for federal estate tax purposes the value, as of the time of the death of testatrix, of a remainder interest under a testamentary trust on the ground that the power of the trustee to invade the trust corpus was not limited by any ascertainable standard. 1

For the reasons stated by the…