Contingent Remainder

68 Florida cases classified under this topic · sorted by citation count · see the citation graph · browse and sort

• Egbert L. Haywood v. Gill
  313 F.2d 454· 4th Cir.· 1963-01-23
  The court held that the date of acquisition for inherited property, for capital gains tax purposes, is the date of the decedent's death, not the date the remainderman gains possession.
• Bacciocco v. United States
  286 F.2d 551· 6th Cir.· 1961-02-06
  The court held that the stock's basis for capital gains tax purposes is the donor's cost basis, not the fair market value at the donor's death, because the beneficiaries acquired the stock by gift through a trust, not by inheritance or from the decedent's estate.
• Lybass v. Smith
  16 Fla. Supp. 27· Duval Cty. Cir. Ct.· 1960-04-13
  A Florida circuit court held that holders of an estate for years can convey good and insurable title to property despite contingent remainders, under Florida's common law rule that contingent remainders may be destroyed when the particular estate terminates. The court rejected th
• Commissioner OF Internal Revenue v. Vander Weele
  254 F.2d 895· 6th Cir.· 1958-04-25
  The court held that the transfer of property into a trust, where the settlor retained significant control and benefit, did not constitute a completed gift subject to gift tax at the time of the transfer.
• Polsky v. Cont'l Nat'l Bank OF Lincoln
  240 F.2d 732· 8th Cir.· 1957-01-25
  The court held that the trial court correctly interpreted the will, finding that the one-half interest in the trust corpus vested in Rachel Polsky upon Bernard's death without issue, and she had the right to dispose of it by will.
• In re Gregory's Will
  7 Fla. Supp. 99· Palm Beach Cty. Cir. Ct.· 1954-10-15
  The court upheld a county judge's order allowing immediate partial distribution of estate funds to charitable remainder beneficiaries, finding that the charitable interests vested at the testator's death and that equity permitted acceleration of distribution where no contingency
• In re Gregory's Will
  5 Fla. Supp. 167· Palm Beach Cty. J. Ct.· 1954-05-13
  The court determined that charitable organizations named as residuary legatees in a will held vested remainder interests, not contingent ones, and therefore were entitled to an immediate partial distribution of estate assets despite the postponement of full distribution until the
• Keep v. Dist. of Columbia
  181 F.2d 789· D.C. Cir.· 1950-02-20
  Remainder interests that are vested but subject to divestment are to be treated as vested for inheritance tax purposes, not contingent.
• Cent. Dispensary & Emergency Hosp. v. Saunders
  165 F.2d 626· D.C. Cir.· 1948-01-12
  The court held that the heirs of Lorin M. Saunders are to be determined as of the date of the life tenant's death, and the distribution method is governed by the statute in effect at that time.
• Parker v. MacBryde
  132 F.2d 932· 4th Cir.· 1942-12-30
  The court held that the exercise of the power of appointment in the donee's will was entirely ineffective, requiring the fund to be distributed as if the donee had died intestate.
• Deal v. Abramson
  132 F.2d 252· 8th Cir.· 1942-12-28
  The court held that the will, under the Rule in Shelley's case, conveyed a fee simple title to Lawrence and Kate Mayo, and thus the plaintiff had no claim to the property.