230 A.D. 729 | N.Y. App. Div. | 1930
The decision of this court handed down on March 14, 1930, is hereby amended to read as follows: Order of the Surrogate’s Court of Nassau county, made on June 3, 1930, and by consent entered nunc pro tunc as of February 6, 1929, reversing the pro forma order made by the surrogate dated November 22, 1927, which pro forma order fixed and assessed a tax with respect to the estate of the above-named decedent, reversed upon the law and the facts, without costs, and the pro forma order reinstated, without costs. Decedent died in February, 1926. She was of the age of seventy-five years at the time of the transfer of the securities to her daughter, under review in this ease, and seventy-six years of age when she died. She had been suffering from diabetes for twenty years, although the proof is that the direct cause of death was coronary artery thrombosis, or hardening of the arteries. She was also suffering from cataracts, which had rendered her nearly blind. An operation, the nature of which is not disclosed, was imminent. Decedent resided with her daughter, to whom she made the transfer, and her son-in-law. The latter was a trust officer, familiar with the Transfer [Tax] Law, and supervised the transfer. The reason given by the respondents for the transfer, which stripped the decedent of all her property,
