ESTATE OF SIMONSON v. COMMISSIONER

Docket No. 941-69.

59 T.C. 535 (1973)

ESTATE OF ABRAHAM SIMONSON, DECEASED, NATHANIEL SIMONSON AND ERNEST C. GEIGER, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed January 10, 1973.


Attorney(s) appearing for the Case

Ernest C. Geiger, for the petitioners.

Stephen M. Miller and Ronald Wagenheim, for the respondent.


STERRETT, Judge:

Respondent determined a deficiency in the Federal estate tax of the Estate of Abraham Simonson in the amount of $399,045.98.

Due to concessions the sole issue remaining for adjudication is whether the value of a trust's remainder interest payable to a charitable beneficiary was subject to ascertainability at the time of the decedent's death. Such a decision will lead us to a conclusion relative to the estate's right to a charitable...

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