321 Mass. 660 | Mass. | 1947
This is a petition, filed on January 13, 1944, by the administrator with the will annexed de bonis non of the estate of Louis F. Buff, for an interpretation of the same trust instrument that is described in the opinion in the pre
The petition is brought under G. L. (Ter. Ed.) c. 215, § 6B, inserted by St. 1935, c. 247, § 1, which read as follows: “A suit in equity in a probate court shall not be open to objection on the ground that a mere judgment, order or decree interpreting a written instrument or written instruments is sought thereby, and in such a suit said court may make binding determinations of right interpreting the same, whether any consequential relief is or could be claimed or not. If, in its discretion, a probate court in such case declines to make such a determination, it shall state its reasons therefor in writing.” That section was repealed by St. 1945, c. 582, § 3, but by the repealing statute was left in force as to proceedings which, like the present petition, were commenced prior to November 1, 1945.
The trust instrument provided that the trust should continue until the widow and all the children of Louis F. Buff should die, and then should terminate, and that all the trust property should then be transferred to a corporation to be organized by the trustees, the stock of which was to be equally divided among the trustees then in office. The petitioner contends that those provisions are void, and that instead the trust property will pass to the personal representatives of Louis F. Buff, for one reason because of the rule against perpetuities.
In our opinion the interpretation of the trust instrument is a power expressly granted to the Probate Court by the statute. For that reason there was error in the decrees sus
Costs and expenses payable out of the trust estate may be awarded to either party or both parties or their counsel in the discretion of the Probate Court.
Decrees sustaining demurrers reversed.
Decree dismissing petition affirmed.