Legal Opinion

Woods v. Paschall

Tennessee Supreme Court

Decided March 14, 1977PublishedCited by 3 opinions

1Opinion of the Court

OPINION

BROCK, Justice.

This is an action by an executor to recover a portion, paid under protest, of inheritance taxes assessed. In 1955, William Thomas Paschall, reserving a life estate in an undivided one-sixth interest in a certain tract of land, by deed transferred the remainder together with the other five-sixths, to his son, John William Paschall. It was stipulated in the deed that the son was to pay to each of his five sisters the sum of $8,000.00. John William Paschall distributed $40,000.00 among his sisters before the death of his father and is now the owner of the land.

By virtue of…

2Cases cited4 opinions

  1. English v. CrenshawTennessee Supreme Court · 1908
  2. American National Bank v. MacFarlandTennessee Supreme Court · 1961
  3. Henson v. MondayTennessee Supreme Court · 1920
  4. AMERICAN NAT. B. & T. CO. OF CHATTANOOGA v. MacFarlandTennessee Supreme Court · 1961

3Cited by3 opinions

  1. Estate of Joseph Owen Boote, Jr., Helen Boote Shivers and Linda Boote, Co-Executors v. Richard H. Roberts, Commissioner, Tennessee Department of RevenueCourt of Appeals of Tennessee · 2013
  2. Grantham v. State of Tennessee Board of EqualizationCourt of Appeals of Tennessee · 1991
  3. In re the Estate of YoungSupreme Court of The Virgin Islands · 1983

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