United States Board of Tax Appeals July 16, 1942, Docket No. 107397 (Estate of Lloyd v. Commissioner)

*354OPINION.

Harron:

The question is whether the value of the trusts established by decedent for his two sons should be included in decedent’s gross *355«state under section 302 (c) and (d) (1) of the Revenue Act of 1926, as amended, which is set forth in the margin.