Case Name: OTTO H. KAHN ET AL., EXECUTORS OF ABRAHAM WOLFF, DECEASED, v. THE UNITED STATES
Court: Supreme Court of the United States
Jurisdiction: United States
Decision Date: 1921-10
Citations: 57 Ct. Cl. 594
Docket Number: 
Parties: OTTO H. KAHN ET AL., EXECUTORS OF ABRAHAM WOLFF, DECEASED, v. THE UNITED STATES.
Judges: 
Reporter: United States Court of Claims Reports
Volume: 57
Pages: 594–594

Head Matter:
OTTO H. KAHN ET AL., EXECUTORS OF ABRAHAM WOLFF, DECEASED, v. THE UNITED STATES.
[55 C. Cls. 271; 257 U. S. 244.]
Judgment was rendered in favor of the United States in the court below. On appeal the judgment was affirmed, and the Supreme Court decided:
Legacies of life interests in trust funds held vested in possession or enjoyment prior to July 1, 1902, within the meaning of the refunding act of June 27, 1902, and taxable under sec. 29 of the war revenue act of 1898, where, on or before July 1, 1902, the amounts of the legacies were ascertainable, all claims against the estate, save some for other taxes of relatively small amount, had been settled or barred, and the trustees were entitled to immediate possession of the funds from the executors and the beneficiaries to the beneficial enjoyment of the income.

Opinion:
Mr. Justice Brandéis
delivered the opinion of the Supreme Court December 5,1921.