Earle v. Commissioner
United States Tax Court
1. Decedent's husband died in 1923, leaving the residue of his estate in trust. He provided that the income accruing to the trust estate should be distributed at such times and in such amounts as the trustees should deem best, said income to be paid one-third to his wife and one-third to each of his two sons or their heirs, the trust to terminate at the death of the wife and the corpus to go to the two sons or their heirs.
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1. Decedent's husband died in 1923, leaving the residue of his estate in trust. He provided that the income accruing to the trust estate should be distributed at such times and in such amounts as the trustees should deem best, said income to be paid one-third to his wife and one-third to each of his two sons or their heirs, the trust to terminate at the death of the wife and the corpus to go to the two sons or their heirs. The trustees made some distributions of income, but accumulated a considerable portion thereof. Decedent, when asked in 1935 whether she wanted any more distributions from…
1Opinion of the Court
Estate of Emma Earle, G. Harold Earle and Stewart E. Earle, Former Executors, Petitioner, v. Commissioner of Internal Revenue, Respondent. G. Harold Earle, Petitioner, v. Commissioner of Internal Revenue, Respondent. Stewart E. Earle, Petitioner, v. Commissioner of Internal Revenue, Respondent
Earle v. Commissioner
Docket Nos. 4257, 4258, 4259, 4260, 4261
United States Tax Court
5 T.C. 991; 1945 U.S. Tax Ct. LEXIS 52;
October 26, 1945, Promulgated
Decisions will be entered under Rule 50.
1. Decedent's husband died in 1923, leaving the residue of his estate in trust. He provided that the income…
2Cases cited4 opinions
- Poole v. Union Trust Co.Michigan Supreme Court · 1916
- Earle v. CommissionerUnited States Tax Court · 1945
- Bedford v. CommissionerUnited States Tax Court · 1943
- Detroit Trust Co. v. Detroit Trust Co.Michigan Supreme Court · 1932