Legal Opinion
Merrill v. Fahs
District Court, S.D. Florida
Decided June 24, 1943No. 549-JPublishedCited by 5 opinions
1Opinion of the Court
DE VANE, District Judge.
The validity of the prenuptial agreement and the sufficiency of consideration to sustain it, as between the parties, is not challenged by defense counsel. They maintain, however, that the plaintiff’s transfer of funds to the trust was taxable because the term “consideration” as used in Section 503 of the Revenue Act of 1932, 26 U.S.C.A. Int.Rev.Acts, page 585, is not the same thing as common-law consideration and point to the decision in Commissioner v. Bristol, 1 Cir., 121 F.2d 129, 134 where it was said that “the purpose of this section in the gift tax statute * * *…
2Cases cited11 opinions
- Commissioner of Internal Revenue v. MarshallCourt of Appeals for the Second Circuit · 1942
- Guggenheim v. HelveringCourt of Appeals for the Second Circuit · 1941
- Ferguson v. DicksonCourt of Appeals for the Third Circuit · 1924
- Commissioner of Internal Revenue v. BristolCourt of Appeals for the First Circuit · 1941
- United States v. MitchellCourt of Appeals for the Seventh Circuit · 1934
6 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Merrill v. FahsSupreme Court of the United States · 1945
- Commissioner of Internal Revenue v. Barnard's EstateCourt of Appeals for the Second Circuit · 1949
- Lasker v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1943
- Merrill v. FahsSupreme Court of the United States · 1945
- Merrill v. FahsSupreme Court of the United States · 1945