Webster v. Commissioner of Internal Revenue

HOLMES, Circuit Judge.

George W. Webster died testate in Florida in 1937. He left four insurance policies in which he designated, as beneficiary, his executors, administrators, and assigns. His will made no mention of the policies, but gave, devised, and bequeathed all the rest or residue of his estate, of every nature and kind whatsoever and wherever located, to Helen Ruth Webster, her heirs, and assigns. The question presented by this appeal is whether the proceeds of the policies should be included in the decedent’s gross estate and subjected to the payment of an estate tax.

Sec. 302(g) of…