Legal Opinion
Indiana Department of State Revenue, Inheritance Tax Division v. Estate of Morris
Indiana Court of Appeals
Decided December 30, 1985No. 4-285A28PublishedCited by 2 opinions
1Opinion of the Court
MILLER, Judge.
Nola J. Morris died July 29, 1977. In her will, she had created a marital trust, "Trust A," for her surviving husband, John Morris, and a "Trust B" for their daughter, Jane Morris Rumba.
John Morris had a life estate in the income from Trust A, possessed an unlimited power to invade the corpus, and a general testamentary power of appointment. John failed to invade the corpus during his lifetime, and failed to exercise his power of appointment, and so the corpus of Trust A passed to Trust B at his death according to directions in Nola's will. John's estate asserted and the trial…
2Cases cited7 opinions
- Central Illinois Light Co. v. Home InsuranceIllinois Supreme Court · 2004
- Economy Oil Corp. v. Indiana Department of State RevenueIndiana Court of Appeals · 1974
- In the Matter of Estate of BannonIndiana Court of Appeals · 1976
- Indiana Department of State Revenue, Inheritance Tax Division v. Estate of PuettIndiana Court of Appeals · 1982
- Irwin Union Bank and Trust Company v. LongIndiana Court of Appeals · 1974
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Indiana Department of State Revenue, Inheritance Tax Division v. Estate of RiggsIndiana Tax Court · 2000
- Estate of Eberbach v. State, Department of RevenueIndiana Tax Court · 1987