LYETH V. HOEY
305 U.S. 188 (1938)
NATURE OF THE CASE: This was a dispute over the status of property received from a will
contest.
FACTS: P was the grandson of Mary who died in 1931. By her will, Mary gave to her heirs
certain small legacies and the entire residual estate was left to trustees in an Endowment
Trust. That trust was created in 1926 and the income from it was payable to another trust
called the Longyear Foundation. The main purpose of the Longyear Foundation was to preserve
the records of the earthly life of Mary Baker Eddy, the founder of the Christian Science
Religion. There immediate objections to the will when it was probated were lack of
testamentary capacity and undue influence. A compromise settlement was eventually reached
between the parties. This compromise was approved by the court and a decree was entered in
1932. The IRS eventually got involved and deemed this settlement to be a contract and as
such taxes were due. The District Court entered summary judgment and the Court of Appeals
reversed.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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