Luehrmann v. Commissioner
United States Tax Court
In computing for Federal estate tax purposes the present value of a charitable bequest, which consists of a remainder interest in the estate's residue, held, costs of administration and executors' commissions, even though claimed as deductions from the estate's gross income for Federal income tax purposes, are to be deducted in computing the value of the estate residue.
1Opinion of the Court
Estate of Edward H. Luehrmann, Deceased, Jane Louise Hord, formerly Jane Louise Luehrmann, Chas. D. Long, and August C. Johanningmeier, Executors, Petitioner, v. Commissioner of Internal Revenue, Respondent
Luehrmann v. Commissioner
Docket No. 63463
United States Tax Court
33 T.C. 277; 1959 U.S. Tax Ct. LEXIS 38;
November 18, 1959, Filed
In computing for Federal estate tax purposes the present value of a charitable bequest, which consists of a remainder interest in the estate's residue, held, costs of administration and executors' commissions, even though claimed as deductions from the estate's…
Also in this document: Dissent.
2Cases cited22 opinions
- Edwards v. SlocumSupreme Court of the United States · 1924
- Harrison v. Northern Trust Co.Supreme Court of the United States · 1943
- Seatree v. CommissionerUnited States Board of Tax Appeals · 1932
- Iowa Bridge Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1930
- A. Finkenberg's Sons, Inc. v. CommissionerUnited States Tax Court · 1951
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