In Re Edmonston

The petitioner seeks to recover a portion of inheritance taxes paid by decedent's estate upon an assessment levied against a trust fund created by the decedent, who, at the time of the making thereof, was a resident of the State of New York. The trust assets were at all times within that state. There is in the trust indenture a power of revocation which was never exercised. The tax return filed with the state tax commissioner shows that the decedent, Charles D. Edmonston, on April 10th, 1929, while then a resident of the State of New York, created a revocable trust with the Title Guarantee…