Estate of Levin v. Commissioner
United States Tax Court
Approximately 1 month prior to the decedent's death, the directors of a corporation controlled by the decedent adopted a plan which provided for the payment of an annuity to the surviving spouses of corporate officers who met certain eligibility requirements and who died while in the employ of the corporation. The plan was subject to revocation at any time, except such revocation could not impact benefits which were in pay status.
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Approximately 1 month prior to the decedent's death, the directors of a corporation controlled by the decedent adopted a plan which provided for the payment of an annuity to the surviving spouses of corporate officers who met certain eligibility requirements and who died while in the employ of the corporation. The plan was subject to revocation at any time, except such revocation could not impact benefits which were in pay status. The decedent met the eligibility requirements of the plan and died while in the employ of the corporation. Upon the death of the decedent, the corporation became…
1Opinion of the Court
Estate of Stanton A. Levin, Deceased, Industrial Valley Bank and Trust Co., Caroline Levin and Mervin J. Hartman, Coexecutors, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Levin v. Commissioner
Docket Nos. 38005-84, 38006-84
United States Tax Court
90 T.C. 723; 1988 U.S. Tax Ct. LEXIS 45; 90 T.C. No. 46;
April 19, 1988; As amended May 4, 1988 April 19, 1988, Filed
Decision will be entered for the petitioner in docket No. 38005-84.
Decision will be entered under Rule 155 in docket No. 38006-84.
Approximately 1 month prior to the decedent's death, the directors of a corporation…
2Cases cited15 opinions
- United States v. WellsSupreme Court of the United States · 1931
- Estate of Sanford v. CommissionerSupreme Court of the United States · 1939
- Chase National Bank v. United StatesSupreme Court of the United States · 1929
- Burnet v. GuggenheimSupreme Court of the United States · 1933
- Fusz v. CommissionerUnited States Tax Court · 1966
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