Blue Diamond Poultry Farms, Inc. v. Commissioner of Taxation

Dell, Chief Justice.

Certiorari to review a decision of the Board of Tax Appeals sustaining the determination of the commissioner of taxation imposing an inheritance tax upon the proceeds of certain insurance policies covering the life of Engfred J. Lindblom, the decedent, owned at his death by and payable to relator.

Three policies are involved. The first was taken out by decedent February 14, 1941, in the amount of $7,000 and named relator as the beneficiary. Later in that year the insured released any rights to change the beneficiary or to receive the cash surrender value. The second policy,…