United States Tax Court June 12, 1952, Docket No. 31374 (Inman v. Commissioner)

lead-opinion

OPINION.

Black, Judge:

The issue raised here is whether decedent retained a power of termination under section 811 (d) (1) of the Internal Revenue Code so that the trust is includible in his gross estate and what value, if any, should be included.

The decedent created a trust on December 27, 1940, for a 10-year term, naming his three nephews as trustees.