What is the test for possession and enjoyment of a property?
MultiRegion, United States of America
The following excerpt is from Estate of Maxwell v. C.I.R., 3 F.3d 591 (2nd Cir. 1993):
26 U.S.C. Sec. 2036(a). In the case of real property, the terms "possession" and "enjoyment" have been interpreted to mean "the lifetime use of the property." United States v. Byrum, 408 U.S. 125, 147, 92 S.Ct. 2382, 2395, 33 L.Ed.2d 238 (1972).
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