ESTATE OF GOLDSBOROUGH v. COMMISSIONER

Docket Nos. 10811-76, 10831-76, 10832-76, 10835-76, 10836-76, 10837-76.

70 T.C. 1077 (1978)

ESTATE OF MARCIA P. GOLDSBOROUGH, DECEASED, KATHERINE G. EPPLER, PERSONAL REPRESENTATIVE, AND KATHERINE G. EPPLER, ET AL., PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed September 27, 1978.


Attorney(s) appearing for the Case

John C. Griffin and Walter R. Stone, for the petitioners in docket No. 10811-76.

Stuart G. Buppert II, Karen T.B. Richwine, Barclay B. Buppert, Hobart C. Buppert II, and Katherine Buppert Miller, pro se.

Wayne G. Chew, for the respondent.


FEATHERSTON, Judge:

Respondent determined a deficiency in the amount of $51,790.20 in the Federal estate taxes of the Estate of Marcia P. Goldsborough. In these consolidated cases, the issues for decision are as follows:

(1) To what extent, if any, are the values of certain stocks and securities jointly held by the decedent Marcia P. Goldsborough on the date of her death excludable from the gross estate under section 2040.2

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