Lehigh Valley Trust Co. v. Commissioner
United States Board of Tax Appeals
Where a legal resident of the State of Pennsylvania died in the year 1912, leaving a will which contained an unconditional direction or order that after the death of his wife and son his real estate should be sold and the proceeds distributed to his brothers and sisters "or their legal representatives", the gain realized from the sale of the realty was income taxable to the testator's estate.
1Opinion of the Court
*529OPINION.
Van Fossan :
These proceedings were brought to contest respondent’s action in proposing to assess against the several petitioners as transferees of the estate of Jonas George, deceased, the following amounts:
Lehigh. Valley Trust Co., executor of estate of Eliza G. Newhard, deceased_$7,859.15
Milton T. George, administrator, estate of Daniel George, deceased_10,163. 27
Milton T. George, administrator, estate of Bllemina Diehl, deceased— 10,163. 27
Milton T. George, administrator, estate of Jemima Klotz, deceased_10,163.27
Irvin Achey_ 7, 859.15
Respondent’s action is based on the…
2Cases cited1 opinion
- Helvering v. ButterworthSupreme Court of the United States · 1933
3Cited by2 opinions
- Shelton v. Gill, Collector of Internal RevenueCourt of Appeals for the Fourth Circuit · 1953
- Lehigh Valley Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1936