WHEN REVOCABLE TRUSTS ARE SUBJECT TO AN INHERITANCE TAX

Authors

Edward M. Stimson, Ann Arbor, Michigan

Abstract

A settlor transferred property to trustees upon trust to pay the income to himself during life and after his death to his children and, ultimately, to divide the principal. The settlor reserved a power to revoke the trust and also to change its terms. Subsequently a law was passed taxing successions, i.e., all transfers by will or inter vivos, "made or intended to take effect in possession or enjoyment after the death of the grantor or donor."

Recommended Citation

Edward M. Stimson, WHEN REVOCABLE TRUSTS ARE SUBJECT TO AN INHERITANCE TAX, 25 Mich. L. Rev. 839 (1927).
Available at: https://repository.law.umich.edu/mlr/vol25/iss8/3