First National Bank v. Grant

The issue raised by this appeal is whether the share of a surviving spouse who renounces a will is determined before or after the payment of the Federal estate tax. The Lake County circuit court entered an order requiring the executor of the estate of Nancy M. Grant to calculate the renouncing husband’s share of the estate prior to the payment of the Federal estate tax. The appellate court reversed, requiring the surviving spouse’s share to be calculated after the Federal estate tax was paid. (77 Ill. App. 3d 866.) We granted leave to appeal under our Rule 315 (73 Ill. 2d R. 315).

Nancy M.…