Trimble v. Hatcher's Ex'rs

Opinion op the Court by

Morris, Commissioner

Affirming.

James Hatcher died September 29, 1939; his will was executed October 10, 1938. The matters discussed arose in a suit for declaration of rights and duties of executors and trustees as to allocation of federal estate taxes. Within two years prior to his death Mr. Hatcher conveyed to his great nephews Jack and Joe Trimble the Hatcher Hotel in Pikeville, valued (for tax purposes) at $110,000; to Betty Hatcher the Vanover apartments, $5,000; to four Trimble girls, Locust Court, $35,000.; to four Hatcher children, Caney Creek farm, $676. He made…