MATTER OF ESTATE OF BUGDANOWITZ

No. 79CA0748.

614 P.2d 902 (1980)

In the Matter of the ESTATE of Jack BUGDANOWITZ, Deceased. The STATE of Colorado INHERITANCE AND GIFT TAX DIVISION, Appellee, v. Richard S. BUGDANOWITZ and Ruth D. Toltz, Co-Personal Representatives-Appellants.

Colorado Court of Appeals, Div. I.

May 29, 1980.


Attorney(s) appearing for the Case

J. D. MacFarlane, Atty. Gen., Richard F. Hennessey, Deputy Atty. Gen., Mary J. Mullarkey, Sol. Gen., Howard Kenison, Asst. Atty. Gen., Denver, for appellee.

Ellis J. Sobol, Marc A. Chorney, Denver, for co-personal representatives-appellants.


SMITH, Judge.

The co-personal representatives of decedent Jack Bugdanowitz appeal from a judgment confirming the assessment of inheritance taxes. The effect of the Probate Court's order is to deny a deduction for inheritance tax purposes for a debt concerning which the decedent assumed personal liability, and which debt was further secured by a lien upon property located outside of Colorado. We remand with directions.

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