Court Opinion

ID: 4479702
Source: CourtListenerOpinion
Date Created: 2020-01-16 21:13:48.974323+00
Date Added: 2024-06-11T15:03:32.936524
License: Public Domain

Leech, Hill, Haekon, Kern, and Opper, JJ., dissenting: We can not fairly distinguish the facts in either Louis Stockstrom, 3 T. C. 255, or Joel E. Hall, 4 T. C. 506, from those here. In addition, there are features of the conduct and operation of these trusts which are comparable to those leading to nonrecognition of the trusts in such earlier cases as Benjamin F. Woilman, 31 B. T. A. 37, and William C. Rands., 34 B. T. A. 1107, the true forerunners of the Clifford case. We accordingly dissent.