Estate of George Henry Kent v. Commissioner
United States Tax Court
1. Decedent died testate in 1941 at the age of 88. For more than 32 years prior to his death he had been making gifts to members of his family and close relatives. It was his dominant policy throughout life to make each member of his family financially independent in so far as he was able to make gifts without jeopardizing his own financial position, and to see that such gifts were available to the respective members of his family when they would do the most good.
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1. Decedent died testate in 1941 at the age of 88. For more than 32 years prior to his death he had been making gifts to members of his family and close relatives. It was his dominant policy throughout life to make each member of his family financially independent in so far as he was able to make gifts without jeopardizing his own financial position, and to see that such gifts were available to the respective members of his family when they would do the most good. He had always enjoyed fairly good health except for an attack of cerebral thrombosis on September 25, 1935, which kept him in bed…
1Opinion of the Court
Estate of George Henry Kent, Richard Bulow Kent, Executor v. Commissioner.
Estate of George Henry Kent v. Commissioner
Docket No. 9214.
United States Tax Court
1947 Tax Ct. Memo LEXIS 113; 6 T.C.M. (CCH) 933; T.C.M. (RIA) 47233;
August 12, 1947
1. Decedent died testate in 1941 at the age of 88. For more than 32 years prior to his death he had been making gifts to members of his family and close relatives. It was his dominant policy throughout life to make each member of his family financially independent in so far as he was able to make gifts without jeopardizing his own financial position, and to…
2Cases cited4 opinions
- United States v. WellsSupreme Court of the United States · 1931
- Allen v. Trust Co. of Ga.Supreme Court of the United States · 1946
- Colorado National Bank v. CommissionerSupreme Court of the United States · 1938
- Denniston v. CommissionerUnited States Board of Tax Appeals · 1938