1. Home
  2. Browse Decisions
  3. T.C.
  4. 56 T.C.
  5. 56 T.C. 489 (1971)
 

ESTATE OF MONTGOMERY v. COMMISSIONER

Docket No. 754-69.

56 T.C. 489 (1971)

ESTATE OF LAFAYETTE MONTGOMERY, DECEASED, TRUST COMPANY OF GEORGIA, ARTHUR L. MONTGOMERY, AND GEORGE A. MONTGOMERY, EXECUTORS, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed June 14, 1971.

Attorney(s) appearing for the Case

M. E. Kilpatrick, for the petitioner.

James D. Burroughs, for the respondent.

WITHEY, Judge:

A deficiency in estate tax has been determined by the Commissioner against petitioner in the amount of $1,761,556.35. Decedent, Lafayette Montgomery, died October 31, 1964.

The primary issue herein is whether under section 2039, I.R.C. 1954, the proceeds of two alleged life insurance policies are to be included in decedent's gross estate in computing the estate tax thereon. An alternative issue...

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