GWIN

v.

JUNG ET AL.

Citator

Cited By

• Levy's Estate v. Commissioner of Internal Revenue, 65 F.2d 412 (2d Cir. 1933)
  …ere was at decedent’s death a freeing of the rights of the beneficiary from the possibility of the exercise of his retained rights by the insured. Heiner v. Grandin (C. C. A.) 44 F.(2d) 141, affirmed 56 F.(2d) 1082 (C. C. A. 2), certiorari denied, 286 U. S. 561, 52 S. Ct. 643, 76 L. Ed. 1294. This rule applies at least to the 66 policies to which reference was made. Policies taken out prior to the passage of any Revenue Act should be included for the additional reason that section 302 (h) of the Revenue A…
• Cook v. Commissioner of Internal Revenue, 66 F.2d 995 (3d Cir. 1933)
  …ituted part of the gross estate of the decedent and were taxable, although the policies had been issued before the statute was passed. Upon reargument the ruling was sustained. (C. C. A.) 56 F.(2d) 1082. Certiorari was denied by the Supreme Court in 286 U. S. 561, 52 S. Ct. 643, 76 L. Ed. 1294. In Levy’s Estate v. Commissioner of Internal Revenue (C. C. A.) 65 F.(2d) 412, 414, a similar conclusion was reached by the Second circuit. The court said: “The inclusion in the gross estate of the proceeds of life i…

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• Liebes v. Commissioner of Internal Revenue, 63 F.2d 870 (9th Cir. 1933)
  …change the beneficiary, and so the-transfers did not take place until Mr. Grandin’s death. Accordingly they constituted a part of his gross estate and were taxable.” See the same case, on second appeal (C. C. A.), 56 F.(2d) 1082, certiorari denied, 286 U. S. 561, 52 S. Ct. 643, 76 L. Ed. 1294. Both o-n reason and authority, we believe that the eight insurance policies in which the decedent reserved the power of revocation were part of Ms taxable estate at the time of Ms death. Accordingly, the decision of…