ESTATE OF SLOCUM v. COMMISSIONER

Docket No. 41690.

21 T.C. 465 (1954)

ESTATE OF HERBERT JERMAIN SLOCUM, THE SOUTH CAROLINA NATIONAL BANK OF CHARLESTON AND GEORGE L. BUIST, EXECUTORS, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated January 14, 1954.


Attorney(s) appearing for the Case

Jack White, Esq., for the petitioner.

A. F. Barone, Esq., for the respondent.


The respondent has determined a deficiency of $3,689.70 in estate tax.

At date of death the decedent's gross estate was valued at $222,801.69. Of this amount $191,345.94 represented the value of property subject to a general power of appointment which the decedent exercised by his will. The balance of the gross estate, or $31,455.75, was made up of cash and other property. Deductions totaling $69,412.82 were claimed for funeral and administration expenses and debts...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases