Colman v. Greeley National Bank

The inheritance tax statute, which is before us for interpretation, has been construed by the Court of Appeals. In re Estate of Colman, 35 Colo. App. 390, 535 P.2d 227 (1975). We granted certiorari and now affirm.

The issues before us were framed in the Court of Appeals. The questions are:

*244(1) In a trust which is subject to a vested general power of appointment .by will and a vested special power of appointment by deed, does 1967 Perm. Supp., C.R.S. 1963, 138-3-12(3), defer the imposition of inheritance tax upon a remainder interest until the death of the donee of the powers?(2) Does the power…