Issue
Is a gift of future income on an estate includable as income (because the bequest is made of the income of the estate and not the estate itself)?
Read more about this topic: Irwin V. Gavit
Famous quotes containing the word issue:
“I cannot wish the fault undone, the issue of it being so proper.”
—William Shakespeare (1564–1616)
“The area [of toilet training] is one where a child really does possess the power to defy. Strong pressure leads to a powerful struggle. The issue then is not toilet training but who holds the reins—mother or child? And the child has most of the ammunition!”
—Dorothy Corkville Briggs (20th century)
“If someone does something we disapprove of, we regard him as bad if we believe we can deter him from persisting in his conduct, but we regard him as mad if we believe we cannot. In either case, the crucial issue is our control of the other: the more we lose control over him, and the more he assumes control over himself, the more, in case of conflict, we are likely to consider him mad rather than just bad.”
—Thomas Szasz (b. 1920)