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Meyer v. United States, 364 U.S. 410 (1960)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Meyer v. United States, 364 U.S. 410 (1960)
Meyer v. United States No. 13 Argued October 12, 1960 Decided November 21, 1960 364 U.S. 410
CERTIORARI TO THE UNITED STATES COURT OF APPEALS
FOR THE SECOND CIRCUIT
Syllabus
The proceeds of two life insurance policies were made payable in monthly payments to the insured’s wife for her lifetime, but, if she should die before the expiration of 20 years, his daughter was to receive the payments until the 20 years had elapsed. When he died, he was survived by his wife and daughter, and each insurance company determined and set up on its books a sum representing the amount necessary to fund the 240 monthly payments for the 20 years and a separate sum representing the amount necessary to fund the monthly payments to the wife so long as she might live beyond the 240 months.
Held: the decedent’s estate was not entitled to a marital deduction under § 812(e) of the Internal Revenue Code of 1939, even with respect to that portion of the proceeds necessary to fund the monthly payments to the wife so long as she might live beyond the 240 months, since the proceeds of each policy constituted a single "property" and the interest passing to the wife might "terminate or fail" and another person might "possess or enjoy [a] part of such property after such termination or failure." Pp. 410-416.
275 F.2d 83 affirmed.
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Chicago: U.S. Supreme Court, "Syllabus," Meyer v. United States, 364 U.S. 410 (1960) in 364 U.S. 410 Original Sources, accessed November 24, 2024, http://originalsources.com/Document.aspx?DocID=SISUF3GHEIUNUDA.
MLA: U.S. Supreme Court. "Syllabus." Meyer v. United States, 364 U.S. 410 (1960), in 364 U.S. 410, Original Sources. 24 Nov. 2024. http://originalsources.com/Document.aspx?DocID=SISUF3GHEIUNUDA.
Harvard: U.S. Supreme Court, 'Syllabus' in Meyer v. United States, 364 U.S. 410 (1960). cited in 1960, 364 U.S. 410. Original Sources, retrieved 24 November 2024, from http://originalsources.com/Document.aspx?DocID=SISUF3GHEIUNUDA.
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