Legal Opinion
Sachter v. United States
District Court, S.D. New York
Decided March 31, 1970No. 65 Civ. 3895PublishedCited by 1 opinion
1Opinion of the Court
MANSFIELD, District Judge.
In this suit for a refund of estate taxes based on plaintiffs’ contention that the estate should have been allowed a charitable deduction pursuant to § 2055(a) of the Internal Revenue Code of 1954, 26 U.S.C. § 2055(a),1 defendant has moved *672for summary judgment dismissing the complaint. The issue is whether the will contains standards for a life tenant’s invasion of trust principal that render a contingent remainder to charity “presently ascertainable.” For the reasons stated below, we hold that it does not and grant the motion. The undisputed facts are as follows:
On…
2Cases cited17 opinions
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- Henslee v. Union Planters National Bank & Trust Co.Supreme Court of the United States · 1949
- Merchants Nat. Bank of Boston v. CommissionerSupreme Court of the United States · 1943
- Blodget v. Delaney, CollectorCourt of Appeals for the First Circuit · 1953
- Hartford-Connecticut Trust Co. v. EatonCourt of Appeals for the Second Circuit · 1929
12 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Booher v. United StatesDistrict Court, S.D. Ohio · 1973