- 2 -
MEMORANDUM OPINION
NIMS, Judge: Respondent determined a Federal estate tax
deficiency in the amount of $82,997 for the estate of William
Blake Burris (the estate). After concessions, the issue for
decision is the appropriate treatment for estate tax purposes of
three insurance policies on the life of William Blake Burris
(decedent).
Unless otherwise indicated, all section references are to
sections of the Internal Revenue Code in effect as of the date of
decedent’s death, and all Rule references are to the Tax Court
Rules of Practice and Procedure.
Background
This case was submitted fully stipulated pursuant to Rule
122, and the facts are so found. The stipulations of the
parties, with accompanying exhibits, are incorporated herein by
this reference. Decedent was a resident of Shreveport,
Louisiana, when he died testate in that State on June 18, 1996.
His will was subsequently admitted to probate in the First
Judicial District Court, Caddo Parish, Louisiana. Decedent’s
son, William Blake Burris III, was named executor of the estate
and likewise resided in Louisiana at the time the petition in
this case was filed.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011