Press Release
September 26, 1946
ESTATE OF FRANKLIN D. ROOSEVELT. DECEASED
NEW YORK ESTATE TAX RETURNS
The New York Estate Tax Return, on behalf of James
Roosevelt, Basil O'Connor and Henry T. Hackett, Executors
of the Estate of the late Franklin D. Roosevelt, was filed
today in the Surrogate's Court at Poughkeepsie, New York.
The Tax Return discloses that the late President Roosevelt
left a gross estate subject to estate tax in New York valued
at $1,821,887.70, consisting of the following items:
Real Estate in New York
............................................. $ 103,855.42
Stocks and Bonds
....................................................
353,855.78
Bank Accounts, Notes and Cash
....................................... 197,543.42
Insurance
...........................................................
29,726.05
Jointly Owned Property
.............................................. 1,062.50
Other Miscellaneous Property, such as
household and personal effects, etc
................................. 105,208.45
Transfers During Decedent's Lifetime
including the conveyance of the residence
property to the United States
Government as an historic site
...................................... 110,520.69
Property Previously Taxed representing
Mr. Roosevelt's share of his mother's
Estate as valued on April 12, 1945
.................................. 920,115.39
Total Gross restate
.................................................
1,821,887.70
Deductions aggregating $736,400.90 are listed in the Tax
Return as follows:
Credit for Property Identified as
Previously Taxed in the Sara
Delano Roosevelt Estate
............................................. $ 447,858.88
Funeral and Administration Expenses
including Executors' commissions
and legal expenses
..................................................
209,516.02
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