Legal Opinion
Commissioner of Internal Revenue v. Field
Court of Appeals for the Second Circuit
Decided July 7, 1930No. 334PublishedCited by 40 opinions
1Opinion of the Court
L. HAND, Circuit Judge.
Marshall Field, the respondent’s grandfather, by his will set up a series of trusts, in one of which he devised and bequeathed three-fifths of his residuary estate to his trustees in trust for his grandson, Marshall III, the respondent, and the other two-fifths in trust for another grandson, Henry. The limitations were as follows: To Marshall, a legacy of $450,000 to be paid when he reached twenty-five years of age, and equal sums at thirty, thirty-five and forty; to Henry $300,000 at corresponding ages. The income of the corpus of each trust, subject to these…
2Cases cited7 opinions
- Lucas v. EarlSupreme Court of the United States · 1930
- Irwin v. GavitSupreme Court of the United States · 1925
- Nichols v. EatonSupreme Court of the United States · 1875
- Mitchel v. BowersCourt of Appeals for the Second Circuit · 1926
- Binns v. LaForgeIllinois Supreme Court · 1901
2 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Hochschild v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1947
- Commissioner of Internal Revenue v. Liberty Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1932
- Rassenfoss v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1946
- Bell's Estate v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1943
- Shanley v. BowersCourt of Appeals for the Second Circuit · 1936
35 more not listed; retrieve them via the Exa API.