Keller v. Commissioner
United States Board of Tax Appeals
While in good health and not in contemplation of death, the decedent, who was 75 years of age, and an insurance company entered into two separate contracts, one a single premium life insurance policy for the face amount of $20,000 and the other a single premium life annuity. The decedent was not required to take a medical examination and the company would not have issued the insurance policy without the purchase by the decedent of the annuity.
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While in good health and not in contemplation of death, the decedent, who was 75 years of age, and an insurance company entered into two separate contracts, one a single premium life insurance policy for the face amount of $20,000 and the other a single premium life annuity. The decedent was not required to take a medical examination and the company would not have issued the insurance policy without the purchase by the decedent of the annuity. Both contracts were on the regular standard form used by the company in writing life insurance and annuities, respectively. The decedent died March 28,…
1Opinion of the Court
ESTATE OF ANNA M. KELLER, PIUS P. KELLER AND MARCELLA V. KELLER, EXECUTORS, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Keller v. Commissioner
Docket No. 93221.
United States Board of Tax Appeals
39 B.T.A. 1047; 1939 BTA LEXIS 932;
May 25, 1939, Promulgated
While in good health and not in contemplation of death, the decedent, who was 75 years of age, and an insurance company entered into two separate contracts, one a single premium life insurance policy for the face amount of $20,000 and the other a single premium life annuity. The decedent was not required to take a medical…
2Cases cited2 opinions
- Keller v. CommissionerUnited States Board of Tax Appeals · 1939
- Old Colony Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1938