TAXATION -INCOME FROM IRREVOCABLE FUNDED INSURANCE TRUSTS - CONSTITUTIONALITY OF STATUTE

Authors

Abstract

The settlor created irrevocable trusts to pay premiums on policies of insurance issued on his life in favor of irrevocably-named beneficiaries. Held, that sec. 219 (h), Rev. Acts 1924, 1926, making income from trusts taxable to the settlor, is constitutional. Burnet v. Wells, (U. S. 1933) 53 Sup. Ct. 7.61.1

Recommended Citation

TAXATION -INCOME FROM IRREVOCABLE FUNDED INSURANCE TRUSTS - CONSTITUTIONALITY OF STATUTE, 32 Mich. L. Rev. 123 (1933).
Available at: https://repository.law.umich.edu/mlr/vol32/iss1/26