Boyer v. Chauncey

Citations

• 12 Pa. Super. 526
• 1900 Pa. Super. LEXIS 271

Syllabus

<p>Decedent's estate — Premiums paid, for investments — Where charged.</p> <p>The premiums paid for investments are to be charged to principal and not to income, and a trustee is not justified in -withholding- a part of the income to meet a diminution of principal which may not even take place.</p> <p>Where the will directs that “ the net income ” is to be paid to the life tenant, it- means that no deduction is to be made on account of any premiums paid for investment.</p>