Comptroller of the Treasury v. Taylor

Panel: Wright, Leahy, Shaw Geter, JJ.

Shaw Geter, J.

*141 This case arises from a judicial review of the assessment of estate taxes owed by the Estate of Margaret Beale Taylor in the Circuit Court for Washington County. Appellee Richard Reeves Taylor, the estate's personal representative, in determining the amount of tax due, subtracted the value *801 of Mrs. Taylor's interest in a marital trust created by her husband from the total value of her Maryland estate tax valuation. The Comptroller of the Treasury, appellant, disallowed the exclusion, resulting in an increase in the Estate's tax liability.…