Maurice Estate

Opinion by

Mr. Justice Jones,

Margaret Stewart Maurice (decedent), a Bradford County resident, died testate on December 25, 1958. Citizens National Bank and Trust Company, Towanda, was named as Executor under decedent’s last will and testament. Decedent’s estate was valued at approximately $900,000.00.

On March 22, 1960, the Executor filed the Federal Estate Tax return and paid the tax which it estimated. Approximately two years and four months later — July 20, 1962 — the United States Government assessed a tax deficiency against the estate and this deficiency was paid on September 5, 1962.

On…