Scarbrough v. Comm'r

John William Scarbrough v. Commissioner.

Scarbrough v. Comm'r

Docket No. 17845.

United States Tax Court

1949 Tax Ct. Memo LEXIS 188; 8 T.C.M. (CCH) 480; T.C.M. (RIA) 49114;

May 12, 1949

H. Grady Chandler, Esq., Capital Bank Bldg., Austin, Tex., for the petitioner. Donald P. Chehock, Esq., for the respondent.

DISNEY

Memorandum Findings of Fact and Opinion

DISNEY, Judge: This proceeding involves a deficiency in gift tax for the year 1945 in the amount of $675. The issue is whether a gift in trust was a gift of a future interest in property.

Findings of Fact

The petitioner, an individual born in 1885 and…