Titusville Trust Co. v. Commissioner
United States Board of Tax Appeals
The last will and testament of a decedent who died between August 22, 1918, and January 1, 1919, directed that the executors named therein pay his debts and retain all of the personal and real estate then remaining; that the interest and income received therefrom be appropriated to the upkeep of the decedent's property in such proportions as they should deem expedient; that all interest, dividends, and annual proceeds, less the cost of the upkeep of the property, should be…
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The last will and testament of a decedent who died between August 22, 1918, and January 1, 1919, directed that the executors named therein pay his debts and retain all of the personal and real estate then remaining; that the interest and income received therefrom be appropriated to the upkeep of the decedent's property in such proportions as they should deem expedient; that all interest, dividends, and annual proceeds, less the cost of the upkeep of the property, should be paid over to his widow for life; and, upon her death or remarriage, that the entire property be distributed to his five…
1Opinion of the Court
APPEAL OF TITUSVILLE TRUST CO., AS COEXECUTOR OF THE ESTATE OF CHARLES F. ROTH.
Titusville Trust Co. v. Commissioner
Docket No. 1508.
United States Board of Tax Appeals
3 B.T.A. 868; 1926 BTA LEXIS 2542;
February 18, 1926, Decided Submitted June 9, 1925.
The last will and testament of a decedent who died between August 22, 1918, and January 1, 1919, directed that the executors named therein pay his debts and retain all of the personal and real estate then remaining; that the interest and income received therefrom be appropriated to the upkeep of the decedent's property in such proportions as they…
2Cases cited1 opinion
- Titusville Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1926