Department of Revenue v. Jacques

In December of 1952, Edmund LeDuc, the decedent, purchased United States gov-*392eminent bonds, series H, in bis own name, which were payable on death (P.O.D.) to Darcy LeDuc, now Mrs. Jacques. The bonds were retained by the decedent in his safety deposit box until his death on April 26, 1958. After the safety deposit box was inventoried by the county treasurer on May 27, 1958, the bonds were delivered to Mrs. Jacques. Within 1 year from the date of the decedent’s death a partial determination of inheritance tax was made, and the administrators of the estate paid the tax to the Chippewa county…