In re the Estate of Backus

OPINION OF THE COURT

Richard C. Delin, J.

This is a voluntary final accounting by a corporate and two individual coexecutors who elected, pursuant to subdivision (g) of section 642 of the Internal Revenue Code (US Code, tit 26, § 642, subd [g]), to deduct the estate administration expenses on the fiduciary income tax returns for the years 1973 through 1975 inclusive, rather than on the estate tax return. This election is a well-recognized postmortem estate planning device (Metzer, Deduction of an Estate’s Administration Expenses: Section 642(g) of the Internal Revenue Code and Its Impact, 21…