Ellis v. Commissioner
United States Tax Court
D and his wife-to-be V, both residents of Arizona, executed an antenuptial agreement wherein each relinquished all future marital rights (including the right to support and alimony in case of separation or divorce) in each other's property and wherein D promised to settle a trust in favor of V. Shortly after their marriage, D transferred $ 200,100 to the trustee of the trust that provides that during the life of D, V, the income beneficiary of the trust, is to receive the…
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D and his wife-to-be V, both residents of Arizona, executed an antenuptial agreement wherein each relinquished all future marital rights (including the right to support and alimony in case of separation or divorce) in each other's property and wherein D promised to settle a trust in favor of V. Shortly after their marriage, D transferred $ 200,100 to the trustee of the trust that provides that during the life of D, V, the income beneficiary of the trust, is to receive the income for her care comfort, or support when the trustee exercises his discretion in her favor; but, when the trustee…
1Opinion of the Court
Dwight W. Ellis, Jr., Petitioner v. Commissioner of Internal Revenue, Respondent
Ellis v. Commissioner
Docket No. 5170-66
United States Tax Court
51 T.C. 182; 1968 U.S. Tax Ct. LEXIS 36;
October 28, 1968, Filed
Decision will be entered for the Commissioner.
D and his wife-to-be V, both residents of Arizona, executed an antenuptial agreement wherein each relinquished all future marital rights (including the right to support and alimony in case of separation or divorce) in each other's property and wherein D promised to settle a trust in favor of V. Shortly after their marriage, D transferred $…
2Cases cited3 opinions
- Williams v. WilliamsArizona Supreme Court · 1926
- In Re MacKevich's EstateArizona Supreme Court · 1963
- Ellis v. CommissionerUnited States Tax Court · 1968