Carter v. Hough

Citations

• 86 Va. 668
• 10 S.E. 1063
• 1890 Va. LEXIS 30

Syllabus

<p>Trusts—Termination—Case at bar.—E. held judgments amounting to about $20,000 against her son B., and assigned them in trust for stated objects, the balance on such trusts as B. might appoint, and if he failed to apjjoint, then in trust to pay the interest to B., free from liens of any of his present creditors. E. reserved power to revoke the trust, and after-wards assigned the judgments to B. Held : Under the premises, the judgments having become B.’s absolutely, the trust ceased and could not be interposed as against his creditors and mortgagees.</p>