Cowan Estate

Copeland, P. J.,

— The dispute involved in the distribution of this estate arises upon an appeal from the appraisement for inheritance tax purposes of items which the Commonwealth contends are subject to tax.

Decedent, Clyde E. Cowan, died on March 18, 1950, and within the year prior to his death he made three transfers of funds. The first of these transfers, involved in this dispute, was made pursuant to a trust agreement executed on March 21, 1949. Decedent on that date created a trust, and pursuant thereto transferred $200,000 to the First National Bank in Greens-burg as trustee. By the…