ESTATE OF VISSERING v. COMMISSIONER

Docket No. 1525-89.

96 T.C. 749 (1991)

ESTATE OF NORMAN H. VISSERING, DECEASED, ELIZABETH L. LAFFERTY, EXECUTRIX, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed May 23, 1991.


Attorney(s) appearing for the Case

Patricia Tucker, for the petitioner.

Thomas F. Eagan and Harry Beckhoff, for the respondent.


OPINION

HALPERN, Judge:*

By notice of deficiency dated November 17, 1988, respondent determined a deficiency in petitioner's Federal estate tax in the amount of $708,320.07. The value of certain shares of stock having been agreed to previously by the parties, the only issue presented for decision is whether the decedent, Norman H. Vissering (decedent), possessed at his death a general power of appointment over the principal...

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