[Download] "Purdy Estate" by Jan. T., 1972 Supreme Court of Pennsylvania No. 18 * Book PDF Kindle ePub Free

June 22, 2021

eBook details

Title: Purdy Estate
Author : Jan. T., 1972 Supreme Court of Pennsylvania No. 18
Release Date : January 25, 1972
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 48 KB

Description

[ 447 Pa. Page 440] William C. Purdy died testate on October 5, 1954, leaving a life estate to his widow with an unlimited power of consumption
and the remainder, if any, to his nephew. As of February 24, 1956, the executors of William C. Purdy's estate overpaid the
inheritance tax by the amount of $4,824.30. After the death of the life tenant, the executors of William C. Purdy's estate
claimed as a credit on the inheritance tax not only this overpayment but also the legal interest on the overpayment, to wit,
$3,200.85. While crediting the overpayment, the Commonwealth disallowed the interest claim and the estate filed a protest
with the Department of Revenue. The protest was denied and an appeal was taken to the Orphans' Court Division of the Court
of Common Pleas of Delaware County. That court held that the Commonwealth was liable for interest on the overpayment and this
appeal followed.