Estate of Willis Edward Clack, Deceased, Marshall & Ilsley Trust Company, Co-Personal Representative, and Richard E. Clack, Co-Personal Representative - Page 18

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               CHABOT, J., concurring in the result:  I do not agree with             
          the majority's determination to overrule this Court's opinions in           
          Estate of Robertson v. Commissioner, 98 T.C. 678 (1992), revd. 15           
          F.3d 779 (8th Cir. 1994); Estate of Clayton v. Commissioner, 97             
          T.C. 327 (1991), revd. 976 F.2d 1486 (5th Cir. 1992); and Estate            
          of Spencer v. Commissioner, T.C. Memo. 1992-579, revd. 43 F.3d              
          226 (6th Cir. 1995).  See generally Part I (QTIP Issue) of Judge            
          Parker's dissent, and Judge Halpern's dissent.                              
               However, for the reasons set forth in Judge Gerber's                   
          concurrence, I would hold that venue for an appeal would be in              
          the Court of Appeals for the Eighth Circuit.  Under the Golsen              
          rule, we would be bound to follow the interpretation of that                
          Court of Appeals.  See Golsen v. Commissioner, 54 T.C. 742                  
          (1970), affd. 445 F.2d 985 (10th Cir. 1971).  Because the Golsen            
          rule leads to the same result that the majority reach in the                
          instant case, I concur in the result.                                       

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