Weinmann's Estate

Citations

• 223 Pa. 508
• 72 A. 806
• 1909 Pa. LEXIS 563

Syllabus

<p>Trusts and trustees — Accumulations—Will.</p> <p>Where a testatrix gives by her will a fund to a trustee to invest the same and accumulate the income therefrom until her grandson should reach the age of forty years, and then to pay him the income from the whole fund capitalized for his life, and upon his death to pay the whole fund to his children, the direction to accumulate is illegal, and the income so unlawfully directed to be accumulated will, until the grandson reaches the specified age, be paid to the residuary legatee of the testatrix, who was entitled to take under the will, and not to the grandson or his assignee. ■</p>