2207 Canada Blvd., Glendale, California, December 14, 1935. Marriner A. Browning, 1205 First Security Bldg., Ogden, Dear Utah. Marriner: Enclosed herewith is my check sent ient recently to pay premium in the trust account to funds you for $120.80, in return for the check you on the plunge insurance. There was suffic-~ pay this so it was not necessary to use the sent. In checking her affairs into the tax situation as they are now set up and California inheritance, would I find that if Carrie were to die with the combined tax on her estate, federal aggregate approximately $13400.00. This would represent about the same on the estates of the other girls living in this state, and I presume that the Utah state tax rates are not much different than those of California, although I have not made and exact comparisone This represents a very serious problem, as there would be great difficulty in meeting the situation without taking the entire income for several years for anyone of the estates. This can be guarded against in the main, that is, the major portion of this tax can be avoided by taking advantage of present exemptions and settingup each of these estates on a certain basise Furthermore, future taxes can be avoided and some income tax advantages obtained. I dislike to suggest this to the girls, and for that reason have hoped that you or Val would get down here before the time was past in which to get all of the present exemption advantages. The corporate affairs of the company could also be adjusted, I am told, to materially benefit it from a tax standpoint without jeopardizing it in any waye Of course, it will require time to make a detailed study of it and present definite sugg— estions for carrying it out. Then, too, estions back to the attorneys there for positione All of this should be done by you passing rapidly. Knowing this, and having possible on holdings, I am sure you the if you can, you will look carefully With regards to kindest everyone would want their okey the end of to desire to conserve give this serious from all here. Sincerely, ~ suge~ fully a will of these final dis~ the time is into the matter. there take before making this year and ) 4 en as thought as and,