ESTATE OF THURSTON

Docket No. L.A. 21236.

36 Cal.2d 207 (1950)

223 P.2d 12

Estate of JOHNSON THURSTON, Deceased. THOMAS H. KUCHEL, as State Controller, etc., Appellant, v. GEORGE W. TRAMMELL, as Executor, etc., et al., Respondents.

Supreme Court of California. In Bank.

October 24, 1950.


Attorney(s) appearing for the Case

James W. Hickey, Chief Inheritance Tax Attorney, Morton L. Barker, Deputy Inheritance Tax Attorney, Walter H. Miller and J.D. Lear, Assistant Inheritance Tax Attorneys, for Appellant.

George W. Trammell, in pro. per., for Respondents.

West, Vizzard, Howden & Baker as Amicus Curiae on behalf of Respondents.


TRAYNOR, J.

On October 3, 1941, decedent conveyed two parcels of real property to his children, respondents herein, and reserved to himself a life estate in each. The transfer was made without consideration, and a gift tax was paid thereon, measured by the market value of the remainder interests transferred. On December 29, 1942, decedent relinquished to respondents his life estate in one of the two parcels, for which they...

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