 | United States - Session laws - 1939 - 780 pages
...; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life. (h) PRIOR INTERESTS. — Except as otherwise specifically provided therein, subsections (b), (c)? (d),... | |
 | CCH Incorporated, CCH Tax Law Editors - Business & Economics - 2008 - 1632 pages
...of the gross estate shall include the value of all property — (1) RECEIVABLE BY THE EXECUTOR. — To the extent of the amount receivable by the executor as insurance under policies on the life of the decedent. (2) RECEIVABLE BY OTHER BENEFICIARIES. — To the extent of the amount... | |
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To the extent of the amount receivable by the executor as insurance under policies taken out by the decedent upon his own life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies... 
