Legal Opinion
Bailey v. United States
United States Court of Claims
Decided May 29, 1939No. 43505PublishedCited by 12 opinions
1Opinion of the Court
LITTLETON, Judge.
Plaintiffs contend that no portion of the net proceeds of $148,364.86 of six life insurance policies taken out by the decedent upon his own life between March 10, 1925, and January 2, 1929, was includable in the gross estate of the decedent, Walter C. Bailey, who died May 26, 1933, for the reason that on July 20, 1932, the decedent, by an instrument in writing on that date, made an assignment of the policies to his wife establishing a change of beneficiaries thereunder and making his wife, and upon her death his son, the life owner and after which, until the date of his…
2Cases cited16 opinions
- Chase National Bank v. United StatesSupreme Court of the United States · 1929
- Burnet v. WellsSupreme Court of the United States · 1933
- Porter v. CommissionerSupreme Court of the United States · 1933
- Helvering v. City Bank Farmers Trust Co.Supreme Court of the United States · 1935
- Helvering v. St. Louis Union Trust Co.Supreme Court of the United States · 1935
11 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Liebmann v. HassettCourt of Appeals for the First Circuit · 1945
- Bailey v. United StatesUnited States Court of Claims · 1940
- Colonial Trust Co. v. KraemerDistrict Court, D. Connecticut · 1945
- Loeb v. CommissionerUnited States Tax Court · 1957
- Bailey v. United StatesUnited States Court of Claims · 1939
7 more not listed; retrieve them via the Exa API.