Jones v. Department of Revenue

SAMUEL B. STEWART, Judge.

Plaintiffs have appealed from defendant’s Opinion and Order No. IH 82-1 by filing a complaint in this court. Subsequently, the defendant filed an answer and, in the interim, the parties filed a stipulation reducing the matter at issue to a single question of law upon which briefs have been filed.

The stipulated facts are that a trustor created a revocable trust; the trustee was directed to pay income and principal to the trustor for life; after trustor’s death, to pay the net income of the trust to the trustor’s wife for life; upon the death of the survivor of the…