When a trust terminates, there are, in most instances, terminating commissions that are charged by the fiduciary.

The allocation of such expenses with respect to character of the income has spawned litigation as to the proper allocation base.

Read the following cases and prepare a brief written summary of the allowable allocation method for terminating commissions.

a. CL. Whittemore, Jr. v. U.S., 67-2 ustc 49670, 383 K2d 824 (CA-8 1967).

b. A.J. Fabens, 75-2 ustc 99572, 519 F2d 1310 (CA-1 1975).