Seltzer v. Commissioner
United States Tax Court
Decedent-grantor established a trust on December 3, 1936, under the terms of which the income of seven-ninths of the trust estate was payable to his wife for life. Upon her death, such income was payable to grantor until his death.
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Decedent-grantor established a trust on December 3, 1936, under the terms of which the income of seven-ninths of the trust estate was payable to his wife for life. Upon her death, such income was payable to grantor until his death. Upon his death, or the death of his wife if she survived him, the trust estate was to be delivered to grantor's son, if living, otherwise to his then living children per stirpes or their issue, the trust, however, to continue as to those under 21 years of age. If no children or issue, the estate was to be delivered to the son's spouse if living, otherwise to a…
1Opinion of the Court
Estate of A. Frank Seltzer, Deceased, Louise K. Seltzer, Executrix, Petitioner, v. Commissioner of Internal Revenue, Respondent
Seltzer v. Commissioner
Docket No. 11374
United States Tax Court
10 T.C. 810; 1948 U.S. Tax Ct. LEXIS 193;
May 12, 1948, Promulgated
Decision will be entered for the respondent.
Decedent-grantor established a trust on December 3, 1936, under the terms of which the income of seven-ninths of the trust estate was payable to his wife for life. Upon her death, such income was payable to grantor until his death. Upon his death, or the death of his wife if she survived him, the…
2Cases cited8 opinions
- Commissioner v. Estate of HolmesSupreme Court of the United States · 1946
- Helvering v. HelmholzSupreme Court of the United States · 1935
- White v. PoorSupreme Court of the United States · 1935
- Coulter v. CommissionerUnited States Tax Court · 1946
- Thorp v. CommissionerUnited States Tax Court · 1946
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