Vreeland v. Commissioner
United States Tax Court
The income of a trust created by petitioner which remained after the payment of the expenses of administering and managing the properties which comprised the trust corpus was to be used to pay insurance premiums on petitioner's life, to pay personal obligations of petitioner, and to pay petitioner not more than $ 6,000 per year for her support and maintenance.
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The income of a trust created by petitioner which remained after the payment of the expenses of administering and managing the properties which comprised the trust corpus was to be used to pay insurance premiums on petitioner's life, to pay personal obligations of petitioner, and to pay petitioner not more than $ 6,000 per year for her support and maintenance. Held: The income of the trust which remained after the payment of the expenses of administering and operating the trust properties was distributable for the benefit of petitioner and is includible in her net income under section 167…
1Opinion of the Court
George W. Vreeland, Petitioner, v. Commissioner of Internal Revenue, Respondent. Margaret C. Vreeland, Petitioner, v. Commissioner of Internal Revenue, Respondent
Vreeland v. Commissioner
Docket Nos. 24941, 24942
United States Tax Court
16 T.C. 1041; 1951 U.S. Tax Ct. LEXIS 194;
May 15, 1951, Promulgated
Decisions will be entered for the respondent.
The income of a trust created by petitioner which remained after the payment of the expenses of administering and managing the properties which comprised the trust corpus was to be used to pay insurance premiums on petitioner's life, to pay personal…
2Cases cited14 opinions
- Burnet v. WellsSupreme Court of the United States · 1933
- Anderson v. WilsonSupreme Court of the United States · 1933
- Reinecke v. SmithSupreme Court of the United States · 1933
- Ewald v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1944
- Busch v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1931
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