MATTHEW SCHULTZ v. STATE OF FLORIDA

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• interpreting section 811(c)(1)(B) of the Internal Revenue Code of 1939 , a predecessor to section 2036
• rejecting the device of reciprocal trusts because it leaves each beneficiary in the same economic position as if he had conveyed property to his own trust
• characterizing transfers of a remainder interest while retaining a life estate as “transfers which leave the trans-feror a significant interest in or control over the property transferred[, i.e., the remainder interest,] during his lifetime”
• “[T]he general purpose of the statute was to include in a decedent’s gross estate transfers that are essentially testamentary.”
• “The general purpose of this section is to include transfers that are essentially testamentary in that they leave the transferor a significant interest or control over property transferred during his lifetime.”

Source: CourtListener parenthetical corpus (CC0).