Legal Opinion
Newton Trust Co. v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
Decided March 5, 1947No. 4177, 4184PublishedCited by 68 opinions
1Opinion of the Court
MAHONEY, Circuit Judge.
This case involves cross appeals from a redetermination by the Tax Court of estate tax deficiencies. Two questions are presented: (1) whether certain bequests to charities in the will of decedent are sufficiently ascertainable to be allowed as deductions under Internal Revenue Code, § 812(d), 26 U.S.C.A. Int.Rev.Code, § 812(d), and (2), the measure of the value of the property includible in the gross estate by reason of the exercise by decedent in his will of two powers of appointment.
Nathan P. Cutler, Sr., decedent’s father, created an inter vivos trust in 1926, the…
2Cases cited18 opinions
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- Merchants Nat. Bank of Boston v. CommissionerSupreme Court of the United States · 1943
- Marconi Wireless Co. v. United StatesSupreme Court of the United States · 1943
- Humes v. United StatesSupreme Court of the United States · 1928
- Robinette v. HelveringSupreme Court of the United States · 1943
13 more not listed; retrieve them via the Exa API.
3Cited by68 opinions
- Commissioner v. Estate of SternbergerSupreme Court of the United States · 1955
- Blodget v. Delaney, CollectorCourt of Appeals for the First Circuit · 1953
- United States v. Bertha DeanCourt of Appeals for the First Circuit · 1955
- Old Colony Trust Company, of the Estate of John H. Cunningham v. United StatesCourt of Appeals for the First Circuit · 1970
- Strite v. McGinnesCourt of Appeals for the Third Circuit · 1964
63 more not listed; retrieve them via the Exa API.