Estate of Arthur C. Edwards, Deceased, Kenneth Edwards, Edward Edwards and James Edwards, As Trustees of the Arthur C. Edwards Settlement Trust, Personal Representative - Page 1

                                 T.C. Memo. 1997-443                                  


                               UNITED STATES TAX COURT                                


          ESTATE OF ARTHUR C. EDWARDS, DECEASED, KENNETH EDWARDS, EDWARD              
          EDWARDS AND JAMES EDWARDS, AS TRUSTEES OF THE ARTHUR C. EDWARDS             
          SETTLEMENT TRUST, PERSONAL REPRESENTATIVE, Petitioner v.                    
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 8214-93.                Filed September 29, 1997.           


               Owen G. Fiore and Glenn M. Alperstein, for petitioner.                 
               Debra Lynn Reale and S. Katy Lin, for respondent.                      


                                 MEMORANDUM OPINION                                   

               FAY, Judge:  This case is before us on petitioner's motion             
          for summary judgment pursuant to Rule 121.1  Respondent filed a             

               1Unless otherwise indicated, all section references are to             
          the Internal Revenue Code in effect as of the date of decedent’s            
                                                             (continued...)           




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