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INTERNATIONAL U.K. House of Lords

Inland Revenue v Wahl [1933] UKHL TC_17_744 (14 March 1933)

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IRC v Wahl (1933) [1933] UKHL TC_17_744 14 March 1933

The Respondent’s father died intestate in 1915 leaving two sons; one of the sons also died intestate in 1916 leaving the other (the Respondent) as his sole surviving next-of-kin and the sole surviving beneficiary under his father’s intestacy. The Respondent took out letters of administration of the estates of his father and brother. The estates consisted in the main of sums recovered through the Enemy Debts Clearing Office which were invested by the Respondent in industrial securities. The Respondent received the income arising therefrom and used the greater part of it for his personal expenses, investing any surplus in his own name. The interest from all investments was paid into banking accounts standing in the Respondent’s own name and was there mixed with his private income. There was no banking account in the Respondent’s name as administrator.
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Source: https://www.bailii.org/

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