O'Leary's Estate

Citations

• 255 Pa. 521
• 100 A. 459
• 1917 Pa. LEXIS 485

Syllabus

<p>Wills — Legacies—Interest on pecuniary legacies — Construction —Income.</p> <p>Where trustees under a will are given the entire real and personal estate of testator with direction to convert the same from time to time at their discretion, thus providing funds from which legacies are to be paid, and the trustees hold the personalty and postpone the conversion of the real estate beyond a one-year period for the advantage of the estate, the specific pecuniary legatees are entitled to interest on their legacies from one year from testator’s death, and this is particularly true where the testator has given the income of most of such legacies.</p>