DeBorbon's Estate

Citations

• 211 Pa. 623
• 61 A. 244
• 1905 Pa. LEXIS 520

Syllabus

<p>Taxation—Collateral inheritance tax—Life estates—Decedents’ estates— Act of May 6,1887, P. L. 79.'</p> <p>Where testator directs his executor to pay “all the collateral inheritance tax on all the devises, bequests and legacies contained in this will as soon after my decease as the same can conveniently be done,” and the executor pays the tax on the entire estate at its valuation at that time, the commonwealth cannot after the death of a life tenant, and after the estate has increased in value, impose any tax upon the remainder-men.</p> <p>Where an executor has paid the collateral tax on the whole estate of the testator passing in possession or remainder, no appraisement need be made of the value of the life estate, and the remainders.</p>