ESTATE OF GILCHRIST v. COMMISSIONER

Docket No. 735-76.

69 T.C. 5 (1977)

ESTATE OF ANNA LORA GILCHRIST, DECEASED, LAYLAND MYATT AND ELIZABETH DEARBORN, INDEPENDENT EXECUTORS, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed October 11, 1977.


Attorney(s) appearing for the Case

Ben A. Douglas, for the petitioner.

David L. Jordan, for the respondent.


STERRETT, Judge:

Respondent determined a deficiency in the estate tax of the Estate of Anna Lora Gilchrist in the amount of $231,051.83.1 Due to concessions by the parties2 the remaining issue for decision is whether the decedent held, at the time of her death, a general power of appointment, under her husband's last will and testament, over jointly held property...

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