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Show . November Mr. Jos. HE. 8,1935. Olson, 2114. 3roadway, Glendale, Celiforniae and I wish With respect followine will the thet Your several to thank you Stete-end Federal letters have for them. to be been an apprsisal of helpful to you. inheritancesteaxes, the casrefully sone Carrie's For the estate, purpose stock of the over, I hope of both JsM.&M.S. Browning Company was eppreised at 9206.57 « share as of the date of This value has been accepted by the State of Aunt Rachel's death. Uteh only; the Internel Revenue Collectors for the Government heve not yet passed on the apprsisal, end we therefore do not know whether or will be only multiply this fieure basis On the them. to acceptable it need not you by the number of of appraisal, this shéres that Carrie OwnS e In addition to the eforementioned, Carrie has her 1/7 interest in the "stsete, which fslls under the Trust Agreement which Property under this Trust includes the Estates of you know sbout., both Uncle John and Aunt Rachel. There are 1517 shares of J.¥.&M.5. Browning Company in this Trust. 1/7 would emount to something over 216 shares, which would be Carrie's interest therein. In addi tion to this, other assets included in this Trust have been apprsised at $32,959.46, 1/7 of which is Carrie's equity. In the event addi tional taxes ere paid, the amount of the texes shell have to be deducted from this Ti sure, We, like in connection with sad part of it all others, have been doine a taxes, which are of great is thst arrencements that ereat owned by an individual csannot always be eppliied “@ithouch we are applying the best talent we can cost us « ereat desl of figuring importance to us. The may be made with property to s corporation snd, find,it is s6ineto deal. The tax analysis which you sent is very interesting end, now that we have the idea, it is being returned to youe Ye want to consider everything possibie, and wish to thsnk yw for your interest in the metter, just have With reference to to apply your best the insurence on judement to such the Plunge, you things, as well will as to other sffeirs down there. Suppose this will have to So fer as life insurance is concerned, I awsit Val's return. He is hopeful of being home one by ‘ regards Christmas, Bho remsin but glad no to know can you tell. ere Yours 22 4 A AWS Rees Fan C «Gs $i: to V.A.B. all fine, sincerely, and with kind personal |
