Estate of Edna Pearce Lockett Deceased, David F. Lanier, Personal Representative - Page 18

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                    some authority that could handle that, certainly                  
                    not a private arrangement.                                        
               Even if the Historic Site Language is read with Mr. Lanier's           
          testimony as manifesting decedent’s intention to transfer her               
          home in order to preserve it as a historical site, the latitude             
          given to the trustees in accomplishing this objective was wide.             
          First, there is no charitable intent on the part of the decedent            
          that is discernible from the language of the Trust or even from             
          Mr. Lanier's testimony.  Second, as respondent points out, there            
          were various ways to preserve the decedent's home as a historic             
          site, without transferring it to a qualifying charitable,                   
          educational, literary, or scientific organization.  Specifically,           
          respondent points out that an arrangement whereby a private party           
          lived in the house and designated it as a historic landmark would           
          have complied with the decedent's intentions, as she had                    
          expressed them to Mr. Lanier.6                                              
               Petitioner argues that United States v. Leonhardt, 37 AFTR             
          2d 76-1589, 76-1 USTC par. 13,138 (M.D. Fla. 1976), supports its            
          entitlement to an estate tax deduction.  In that case, decedent's           
          will established a residuary trust, with the net income to be               
          distributed to three named beneficiaries for life; following                
          their deaths, the undistributed income and corpus were to be                

               6 The Secretary of the Interior approves the designation               
          of properties as historical landmarks or their inclusion in the             
          National Register of Historical Places, including properties that           
          are privately owned and not owned by qualified charities.  See              
          National Historic Preservation Act, Pub. L. 89-665, sec. 101, 80            
          Stat. 915 (1966), 16 U.S.C. secs. 470 and 470a (1994).                      


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