Legal Opinion
Maryland National Bank and Ralph Norris, Personal Representatives of the Estate of Katherine L. N. Willis, Deceased v. United States
Court of Appeals for the Fourth Circuit
Decided January 11, 1980No. 78-1426PublishedCited by 14 opinions
1Opinion of the Court
BUTZNER, Circuit Judge:
Maryland National Bank, executor of the estate of Katherine L. N. Willis, deceased, appeals the district court’s denial of claims for refund of gift taxes based on the disal-lowance of seventeen $3,000 exclusions in both 1971 and 1972. Before her death, Mrs. Willis contended that her transfers into an inter vivos trust were in part gifts to the beneficiaries of income qualifying for the annual $3,000 per donee exclusion from taxation under I.R.C. § 2503(b), 26 U.S.C. § 2503(b) (1976), and she sought to value the worth of the income interests by refer*1079ence to the…
2Cases cited8 opinions
- Fondren v. CommissionerSupreme Court of the United States · 1945
- Commissioner v. DisstonSupreme Court of the United States · 1945
- Fred A. Berzon v. Commissioner of Internal Revenue, Gertrude Berzon v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1976
- George Fischer v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1961
- Morgan v. CommissionerUnited States Tax Court · 1964
3 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Applied Genetics International, Inc. v. First Affiliated Securities, Inc.Court of Appeals for the Tenth Circuit · 1990
- Estate of Gribauskas v. CommissionerUnited States Tax Court · 2001
- Calder v. CommissionerUnited States Tax Court · 1985
- Alma M. O'Reilly v. Commissioner of Internal Revenue, Charles H. O'reilly, Sr. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1992
- O'Reilly v. CommissionerUnited States Tax Court · 1990
9 more not listed; retrieve them via the Exa API.