Legal Opinion
In Re the Estate of Vanderbilt
New York Court of Appeals
Decided July 11, 1939PublishedCited by 38 opinions
1Opinion of the CourtLehman, J.
Alice G. Vanderbilt died on April 22, 1934. Her “ gross estate ” was appraised at $10,120,907.17. Deductions of $766,319.32, allowed by statute, left a “ net estate ” of $9,354,587.85. A transfer tax measured by that “ net estate ” has been assessed. The decedent was the widow of Cornelius Vanderbilt, who died in September, 1899. By his will Cornelius Vanderbilt created a fund to provide an income of $250,000 to his wife during her lifetime. He directed that at the death of his wife “ the principal set apart * * * to create the annual payment of two hundred and fifty thousand dollars to my…
2Cases cited24 opinions
- Knowlton v. MooreSupreme Court of the United States · 1900
- Gould v. GouldSupreme Court of the United States · 1917
- Reinecke v. Northern Trust Co.Supreme Court of the United States · 1929
- Nichols v. CoolidgeSupreme Court of the United States · 1927
- Heiner v. DonnanSupreme Court of the United States · 1932
19 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Matter of Lyons v. GoldsteinNew York Court of Appeals · 1943
- Whitney v. State Tax Comm'n of NYSupreme Court of the United States · 1940
- In Re Ogburn's EstateWyoming Supreme Court · 1965
- Miller v. HeffernanSupreme Court of Connecticut · 1977
- Tarver v. CommissionerUnited States Tax Court · 1956
33 more not listed; retrieve them via the Exa API.