New York Court of Appeals

In the Matter of the Estate of Sarah Helen Green, Deceased. Appeal of Ashbel P. Fitch

June 8, 1897153 N.Y. 223

Summary

The Court held that the transfer of the railroad bonds to the nieces was intended to take effect at the donor's death and therefore fell within the Transfer Tax Act, reversing the Appellate Division's order and remanding the case to the surrogate for further action.