ESTATE OF ELSMAN

Docket No. 40068.

74 Cal.App.3d 721 (1977)

141 Cal. Rptr. 657

Estate of RALPH ELSMAN, Deceased. KENNETH CORY, as State Controller, Petitioner and Appellant, v. NANCY ELSMAN PIERCE, as Executor, etc., et al., Objectors and Respondents.

Court of Appeals of California, First District, Division One.

November 7, 1977.


Attorney(s) appearing for the Case

COUNSEL

Myron Siedorf, Edwin Rosenthal and John R. Dettner for Petitioner and Appellant.

McCutchen, Doyle, Brown & Enersen, Mortimer Smith III, James C. Fowler and Brent M. Abel for Objectors and Respondents.


OPINION

SIMS, Acting. P.J.

The State Controller has appealed from an amended order fixing inheritance tax which sustained the executors' objections to the amended report of the inheritance tax appraiser. It deleted and reduced the clear market value of the property, subject to inheritance tax in the estate of the resident decedent, by the gross value of the remainder interest of an irrevocable trust, in which he retained a life interest...

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