Ross v. Commissioner
United States Tax Court
Petitioners made gifts in trust for the benefit of their minor grandchildren. Held, the term "heirs at law" is not equivalent to the term "estate" for purposes of sec. 2503(c)(2)(B), I.R.C. 1954, and, therefore, gifts in issue not eligible for annual exclusion.
1Opinion of the Court
Cornelius A. Ross, Petitioner v. Commissioner of Internal Revenue, Respondent; Effie H. Ross, Petitioner v. Commissioner of Internal Revenue, Respondent
Ross v. Commissioner
Docket Nos. 1153-76, 1200-76
United States Tax Court
71 T.C. 897; 1979 U.S. Tax Ct. LEXIS 168;
February 21, 1979, Filed
Decisions will be entered under Rule 155.
Petitioners made gifts in trust for the benefit of their minor grandchildren. Held, the term "heirs at law" is not equivalent to the term "estate" for purposes of sec. 2503(c)(2)(B), I.R.C. 1954, and, therefore, gifts in issue not eligible for annual exclusion.
Joseph H.…
2Cases cited3 opinions
- Clinard v. CommissionerUnited States Tax Court · 1963
- Heath v. CommissionerUnited States Tax Court · 1960
- Ross v. CommissionerUnited States Tax Court · 1979