Chrysler v. Commissioner
United States Tax Court
Held: (1) The values of the corpora of two irrevocable trusts created by decedent on June 16, 1945, and December 6, 1946, are not includable in decedent's gross estate under the provisions of section 2036(a), I.R.C. 1954; (2) the values of certain properties held jointly by decedent and others at his death are includable in decedent's gross estate under the provisions of section 2040, I.R.C. 1954; and (3) the values of certain properties transferred by decedent to himself as…
Read the full summary
Held: (1) The values of the corpora of two irrevocable trusts created by decedent on June 16, 1945, and December 6, 1946, are not includable in decedent's gross estate under the provisions of section 2036(a), I.R.C. 1954; (2) the values of certain properties held jointly by decedent and others at his death are includable in decedent's gross estate under the provisions of section 2040, I.R.C. 1954; and (3) the values of certain properties transferred by decedent to himself as custodian for his minor children are includable in his gross estate under the provisions of sections 2036(a) and…
1Opinion of the Court
Estate of Jack F. Chrysler, Deceased, Edith B. Carr, John W. Drye, Jr., and Manufacturers Hanover Trust Company, Executors, Petitioner, v. Commissioner of Internal Revenue, Respondent
Chrysler v. Commissioner
Docket No. 1322-63
United States Tax Court
44 T.C. 55; 1965 U.S. Tax Ct. LEXIS 103;
April 7, 1965, Filed
Decision will be entered under Rule 50.
Held: (1) The values of the corpora of two irrevocable trusts created by decedent on June 16, 1945, and December 6, 1946, are not includable in decedent's gross estate under the provisions of section 2036(a), I.R.C. 1954; (2) the values of certain…
2Cases cited18 opinions
- Commissioner v. Estate of HolmesSupreme Court of the United States · 1946
- Lober v. United StatesSupreme Court of the United States · 1953
- King v. CommissionerUnited States Tax Court · 1962
- Helvering v. Mercantile-Commerce Bank & Trust Co.Court of Appeals for the Eighth Circuit · 1940
- Chrysler v. CommissionerUnited States Tax Court · 1965
13 more not listed; retrieve them via the Exa API.