Bouchard v. Commissioner
United States Tax Court
1. The petitioner's husband, a resident of Maine, died testate on December 4, 1951. In 1940 he executed a will by which he made token bequests of $ 1 to each of his five children and gave the residue of his estate to the petitioner. Prior to April 13, 1950, the decedent maintained a margin account with a stock brokerage company in Boston, Massachusetts.
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1. The petitioner's husband, a resident of Maine, died testate on December 4, 1951. In 1940 he executed a will by which he made token bequests of $ 1 to each of his five children and gave the residue of his estate to the petitioner. Prior to April 13, 1950, the decedent maintained a margin account with a stock brokerage company in Boston, Massachusetts. Being concerned about his health and desiring to make an arrangement whereby the securities in the account would be readily available to petitioner in the event of his death, the decedent and petitioner on April 11, 1950, executed a joint…
1Opinion of the Court
Marie D. Bouchard, Petitioner, v. Commissioner of Internal Revenue, Respondent
Bouchard v. Commissioner
Docket No. 59888
United States Tax Court
34 T.C. 646; 1960 U.S. Tax Ct. LEXIS 111;
June 30, 1960, Filed
Decision will be entered for the respondent.
1. The petitioner's husband, a resident of Maine, died testate on December 4, 1951. In 1940 he executed a will by which he made token bequests of $ 1 to each of his five children and gave the residue of his estate to the petitioner. Prior to April 13, 1950, the decedent maintained a margin account with a stock brokerage company in Boston,…
Also in this document: Concurring in part, dissenting in part.
2Cases cited23 opinions
- Crooks v. HarrelsonSupreme Court of the United States · 1930
- Chippendale v. North Adams Savings BankMassachusetts Supreme Judicial Court · 1916
- Allen-West Commission Co. v. GrumblesCourt of Appeals for the Eighth Circuit · 1904
- Weil v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1936
- Goldston v. RandolphMassachusetts Supreme Judicial Court · 1936
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