ESTATE OF BOB v. COMMISSIONER

Docket No. 4848.

4 T.C.M. 592 (1945)

Estate of Maurice H. Bob, Deceased, by Lester M. Friedman and Elinore H. Baskind, Executors v. Commissioner.

United States Tax Court.

June 7, 1945.


Attorney(s) appearing for the Case

Lester M. Friedman, Esq., 233 Broadway, New York, N. Y., for the petitioners. Walt Mandry, Esq., for the respondent.


Memorandum Opinion

SMITH, Judge:

This proceeding involves an estate tax deficiency of $23,872.16. The issues are:

(1) The value of the stock of a real estate holding corporation wholly owned by decedent at the time of his death;

(2) The deducibility of claims against the estate of $63,852 representing an indebtedness to decedent's wife and of $68,834 representing an indebtedness to his daughter;

(3) The deducibility of two testamentary...

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