Estate of Bradshaw v. Oklahoma Tax Commission

HODGES, Justice.

The questions herein involved on appeal are whether the proceeds from two life insurance policies should be included in the value of the gross estate of the decedent under the provisions of the Estate Tax Law, Title 68 O.S.Supp.(1965), Section 807.

The Tax Commission, after hearing, assessed additional tax against the estate of Nell Stapler Bradshaw I, deceased, upon the proceeds of a $3000.00 life insurance policy with New York Life Insurance Company and upon the proceeds of $1,231.-80 life insurance policy with Washington National Insurance Company.

The New York life insurance…