Boston Safe Deposit & Trust Co. v. Stone

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that trustee must divide up trust property in accordance with fair market value of property at the time of the distribution in kind
• dealing with valuation and distribution of a portion of a trust and how administrative and legal costs should be divided from trust assets; thus, not applicable here
• \Administrative trust provisions ... are ordinarily designed merely to simplify distribution and to make unnecessary requests for court instructions. Such a provision gives to trustees no discretion to shift beneficial interests in the trust assets.\

Source: CourtListener parenthetical corpus (CC0).