Hedges v. Martin

Buchanan, Vice-Okdinaky.

Helen M. Kellogg died testate February 8th, 1933, a resident of New Jersey, leaving her entire estate to her daughter, Helen K. Hedges, and naming her executrix. In computing and assessing the transfer inheritance tax due from this estate, the commissioner included an inter vivos transfer made by the decedent on July 5th, 1929, to Chemical Bank and Trust Company of New York, in trust for the benefit of her daughter during the latter’s life, with remainder over at the daughter’s death to the daughter’s children and/or their issue.

At the date of the transfer this trust…