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In re Parker
Chancery Division
L.R. 16 Ch. Div. 44 (1880)
- Written by Sean Carroll, JD
Facts
Mary Parker’s will left the residue of her estate in trust. The will directed the trustees to pay dividends, income, and interest from the trust to her children, as the trustees deemed necessary, until the children “attain[ed] their respective ages of 21 years; and from and immediately after their attaining their respective ages of twenty-one years, then” to pay the corpus to her children in equal shares. Parker was survived by two sons and a daughter. One of Parker’s sons died before turning 21. A question was raised as to what interest that son’s estate should take from the distribution of the trust’s corpus.
Rule of Law
Issue
Holding and Reasoning (Jessel, J.)
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