In re Estate of Horner
234 Iowa 624, 12 N.W.2d 567, IA.0042003(1943)
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Descrição da editora
In 1938 Oliver Horner deeded certain real estate to his children Letta Horner (appellant herein) and William Horner, as joint tenants, and not as tenants in common, with full right of survivorship. Oliver Horner died in 1939. Thereafter an inheritance tax was paid to the state, based upon said transfer as made in contemplation of death. [234 Iowa Page 625] William Horner died in 1942, and his interest in said real estate accrued to appellant as the surviving joint tenant. Was this accrual subject to inheritance tax? The court held there was liability for such tax and accordingly denied appellant's petition for relief therefrom. Hence this appeal.