Estate of Cady v. Commissioner

1979 T.C. Memo. 318, 38 T.C.M. 1228, 1979 Tax Ct. Memo LEXIS 208
CourtUnited States Tax Court
DecidedAugust 15, 1979
DocketDocket No. 11664-77.
StatusUnpublished

This text of 1979 T.C. Memo. 318 (Estate of Cady v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Estate of Cady v. Commissioner, 1979 T.C. Memo. 318, 38 T.C.M. 1228, 1979 Tax Ct. Memo LEXIS 208 (tax 1979).

Opinion

ESTATE OF ANNABEL L. CADY, Deceased, ELWYN L. CADY, JR., Ancillary Administrator, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Estate of Cady v. Commissioner
Docket No. 11664-77.
United States Tax Court
T.C. Memo 1979-318; 1979 Tax Ct. Memo LEXIS 208; 38 T.C.M. (CCH) 1228; T.C.M. (RIA) 79318;
August 15, 1979, Filed; As Amended
Elwyn L. Cady, Jr., pro se.
James T. Million, for the respondent.

FORRESTER

MEMORANDUM FINDINGS OF FACT AND OPINION

FORRESTER, Judge: Respondent has determined an estate tax deficiency of $4,397.62, and a section 6651(a) 1 addition to the tax in the amount of $219.88. Concessions having been made, the two issues for our decision are:

(1) Whether the*209 transfers made by decedent Annabel L. Cady of cash within the 28 months immediately preceding her death to her only heir apparent and to his wife are includable in the decedent's gross estate as transfers in contemplation of death within the meaning of section 2035; and

(2) Whether the estate is liable for the additions to the tax imposed under section 6651(a)(1).

FINDINGS OF FACT

Some of the facts have been stipulated and are so found.

Annabel L. Cady (hereinafter decedent) died intestate on August 9, 1974, at the age of 77, while a resident of the Swope Ridge Health Care Center. The ancillary administrator of her estate, Elwyn L. Cady, Jr. (hereinafter petitioner), is decedent's son and only surviving child. He resided at 1919 Drumm Avenue, Independence, Missouri, at the time the petition herein was filed. The Federal estate tax return herein was filed with the St. Louis Internal Revenue Service District Director's office, Kansas City Branch.

Prior to the year 1972, decedent had little history of gift giving in her own name. However, Elwyn Loomis Cady, decedent's husband, had made gifts which ranged in size from approximately $1,000 to $6,000 per year, commencing*210 approximately in 1956 and ending with his death on December 15, 1970.

During the years 1972, 1973, and 1974, decedent made the following gifts:

DateDoneeAmount
4/27/72E. L. Cady, Jr.$ 3,000.00
7/18/72Jane E. Cady (wife
of E. L. Cady, Jr.)3,000.00
10/13/72E. L. Cady, Jr.5,000.00
11/23/72E. L. Cady, Jr.5,000.00
12/26/72E. L. Cady, Jr.1,400.00
5/13/73E. L. Cady, Jr.3,000.00
10/09/73Jane E. Cady3,000.00
10/11/73E. L. Cady, Jr.1,000.00
11/07/73E. L. Cady, Jr.775.85
11/15/73E. L. Cady, Jr.2,000.00
12/24/73E. L. Cady, Jr.6,224.15
12/27/73E. L. Cady, Jr.2,500.00
7/11/74Jane E. Cady3,000.00
7/11/74E. L. Cady, Jr.3,000.00
$41,900.00 2

All of the aforementioned gifts were made by checks drawn on decedent's account at the City National Bank and TrustCompany, Kansas City, Missouri.Decedent executed a document on July 18, 1972, authorizing petitioner, as her son, to sign checks on this account. This signature authority was never revoked*211 by decedent.

Prior to 1972, decedent's history of hospital and institutional care was negligible; however, she was admitted to the Menorah Medical Center (hereinafter Menorah) in Kansas City, Missouri, on March 29, 1972, for treatment of a mental condition known as paranoid delusions. Decedent entered Menorah with the assistance of her son. At the time of her admission to Menorah decedent was taking medication for hypertension, leg cramps and pain.

During the month preceding her admission to Menorah in March 1972, decedent had portrayed irrational fears, including the feeling that her neighbors were trying to break into her apartment. She also felt unsafe in her bathroom.

On April 3, 1972, decedent was given an EEG 3 at Menorah. The results of this test disclosed an abnormal brain wave pattern indicative of an inefficient blood supply to the brain.

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Bluebook (online)
1979 T.C. Memo. 318, 38 T.C.M. 1228, 1979 Tax Ct. Memo LEXIS 208, Counsel Stack Legal Research, https://law.counselstack.com/opinion/estate-of-cady-v-commissioner-tax-1979.