Estate of Sleeter v. Department of Revenue

Carlisle B. Roberts, Judge.

Plaintiff appealed from the Department of Revenue’s Order No. IH 73-14, assessing additional inheritance taxes. The plaintiff contends that the mere possibility of receipt by the decedent’s widow of social security benefits at age 60 should not be included, at its “present” (or any) value, in the net estate of the deceased and, therefore, should not be taxed under ORS 118.010 (1) and 118.150 (3) and (4). In the alternative, the plaintiff alleges that the benefits, if any, should be valued and taxed at the time of future payment as prescribed in ORS 118.220.

The facts…