ESTATE OF LEVINE v. COMMISSIONER OF INTERNAL REVENUE

No. 13370-13.

158 T.C. No. 2

ESTATE OF MARION LEVINE, DECEASED, ROBERT L. LARSON, PERSONAL REPRESENTATIVE, Petitioner. v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Tax Court.

Filed February 28, 2022.


Attorney(s) appearing for the Case

G. Michelle Ferreira , Brooke D. Anthony , and Joseph W. Anthony , for petitioner.

Randall L. Eager , for respondent.


OPINION

Marion Levine entered into a complex transaction in which her revocable trust paid premiums on lifeinsurance policies taken out on her daughter and son-in-law that were held by a separate and irrevocable life-insurance trust. Levine's revocable trust had the right to be repaid for those premiums. Levine has since...

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