New York Surrogate's Court October 15, 1923 (In re the Estate of Stephan)

Foley, S.

The beneficiaries, executors and trustees appeal from the order fixing tax on the ground that it improperly assessed a tax upon the transfer of one-half of the principal of a trust fund, which passed upon the death of the decedent, the life tenant thereof. The decedent died January 27, 1923.