ESTATE OF WILSON v. COMMISSIONER

Docket No. 9766-75.

36 T.C.M. 1230 (1977)

T.C. Memo. 1977-312

Estate of Joseph C. Wilson, Deceased, Lincoln First Bank of Rochester, Executor, Marie C. Wilson, Executrix v. Commissioner.

United States Tax Court.

Filed September 15, 1977.


Attorney(s) appearing for the Case

H. Stewart Dunn, Jr., Carol K. Nickel, Frederick W. Post, Edward R. Macomber, and William R. Reiter, 1700 Pennsylvania Ave., N.W., Washington, D.C. for the petitioner. Stephen M. Miller, for the respondent.


Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined a deficiency in estate tax in the Estate of Joseph C. Wilson in the amount of $19,029,055.92. Certain minor issues raised by the pleadings have been abandoned or disposed of by agreement of the parties, leaving for decision the following:

(1) Whether gifts of approximately $12 million made by decedent to his children in trust within 3 years of his death were transfers in...

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