Summary
In Matter of Hodges (168 App. Div. 913) this court affirmed a decision of the Surrogate's Court (86 Misc. Rep. 367) which held that the value of a gift in contemplation of death is not to be added to the value of a legacy for the purposes of taxation, but is to be taxed separately and the recipient of such a gift is entitled to an exemption thereon independently of his or her exemption as a legatee.
Summary of this case from Matter of ThompsonOpinion
April, 1915.
Present — Ingraham, P.J., McLaughlin, Laughlin, Clarke and Scott, JJ.; Clarke, J., dissented.
Order affirmed, with ten dollars costs and disbursements, on the opinion of Fowler, S. (reported in 86 Misc. Rep. 367).