Speck v. Bussey (In re Estate of Colding)
Florida District Court of Appeal
147 So. 2d 338 (1962)
- Written by Tammy Boggs, JD
Facts
Mary Colding died with a will that devised 100 shares of AT&T stock to her sister, Margaret Speck (defendant), “which at [Speck’s] death shall be divided between Nancy and Susan Walker, my nieces.” The executrix of Colding’s estate, Evelyn Bussey (plaintiff), argued that the provision created a life estate in Speck and a vested remainder interest in Colding’s two nieces. In contrast, Speck contended that the purported devise to Nancy and Susan was void because the stock had been devised to Speck in fee simple. The trial court agreed with Bussey, finding that Speck was entitled to specified rights in the stock during her lifetime. Speck appealed.
Rule of Law
Issue
Holding and Reasoning (Carroll, J.)
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