The Commissioner determined a deficiency in gift tax for the taxable year 1951 in the amount of $4,228.17. The questions to be decided are as follows: (1) Whether gifts in trust made in 1951 for the benefit of 10 minor grandchildren were gifts of future interests, within the meaning of section 1003 (b) (3) of the 1939 Code so as to preclude total exclusions in the amount of $30,000, or were gifts of present interests in property. (2) Whether the provisions of section 1000...
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