New York Surrogate's Court January 12, 1938 (In re the Estate of Bangs)

Delehanty, S.

The executors appeal from, the order of December 13, 1937, which fixed the estate tax. The basis of the appeal is that the appraiser, in computing the tax, failed to allow personal exemptions to four grandchildren of the testatrix who are entitled under the will to secondary life estates in the trust principal constituted by one-half of the residuary.