Edwin F. Kline, of the Last Will and Testament of Fannie E. Kline, Deceased v. United States
U.S. Court of Appeals for the Fourth Circuit
Edwin F. Kline, of the Last Will and Testament of Fannie E. Kline, Deceased v. United States, 313 F.2d 633 (4th Cir. 1963)
11 A.F.T.R.2d (RIA) 1824; 1963 U.S. App. LEXIS 6111
Edwin F. Kline, of the Last Will and Testament of Fannie E. Kline, Deceased v. United States
Opinion
This appeal is from an order of the District Court granting the motion of the United States for summary judg *634 ment and dismissing the taxpayer’s suit for refund of $84,162.47 paid in federal estate tax and interest. Upholding the Commissioner of Internal Revenue, the District Court disallowed as a deduction for federal estate tax purposes the value, as of the time of the death of testatrix, of a remainder interest under a testamentary trust on the ground that the power of the trustee to invade the trust corpus was not limited by any ascertainable standard. 1
For the reasons stated by the District Court, the decision and judgment below will be
Affirmed.
1
. Kline v. United States, 202 F.Supp. 849 (N.D.W.Va. 1962)
Reference
- Full Case Name
- Edwin F. KLINE, Executor of the Last Will and Testament of Fannie E. Kline, Deceased, Appellant, v. UNITED STATES of America, Appellee
- Cited By
- 2 cases
- Status
- Published