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Title: Matter Chester J. Dodge
Author : Court of Appeals of New York
Release Date : January 01, 1969
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 57 KB

Description

[25 N.Y.2d 273 Page 276] The settlor, son of the trustee, established an inter vivos trust on January 24, 1956. As originally executed, the indenture
of trust provided that the net income of the trust was to have been distributed to the settlor during his lifetime and, upon
his death, the trust was to terminate and the principal was to be distributed to "the issue of the Settlor, him surviving,
in equal shares, per stirpes "or, failing any such issue, to the settlor's sisters or their issue or, that line failing, to
whomever the settlor should appoint by his will, or failing such appointment, as in intestacy.

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