Legal Opinion
In re the Estate of Choate
New York Surrogate's Court
Decided October 17, 1988PublishedCited by 23 opinions
1Opinion of the Court
OPINION OF THE COURT
Renee R. Roth, S.
The executors and trustees of the estate of Arthur O. Choate, Jr., seek construction and reformation of testator’s will (SCPA 1420 [1]).
*490This petition is the first of its kind under the new generation-skipping transfer tax (GST) of the Tax Reform Act of 1986, which retroactively repealed the former Act of 1976.
Under the new Act, a tax is imposed on three types of generation-skipping transfers: taxable terminations, taxable distributions and direct skips. A direct skip is any transfer to a person two or more generations below the transferor, which is subject…
2Cases cited11 opinions
- In Re Proving the Will of MountNew York Court of Appeals · 1906
- In Re the Will of HornerNew York Court of Appeals · 1924
- In Re the Will of ButtnerNew York Court of Appeals · 1926
- In re the Estate of StalpNew York Surrogate's Court · 1974
- In re the Estate of GordonNew York Surrogate's Court · 1986
6 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- First Agricultural Bank v. CoxeMassachusetts Supreme Judicial Court · 1990
- In re the Estate of MartinNew York Surrogate's Court · 1989
- In re the Estate of NossiterNew York Surrogate's Court · 1990
- In re the Estate of KaskelNew York Surrogate's Court · 1989
- In re the Estate of WickwireAppellate Division of the Supreme Court of the State of New York · 2000
18 more not listed; retrieve them via the Exa API.