88 Mass. 397 | Mass. | 1863
By the will of David Carson, the executors hold all the personal estate left by their testator, after the payment of debts and certain-specific legacies, in trust, to pay over the income and interest thereof to his widow during her life. This results necessarily from the disposition of the estate, although the executors are not in terms appointed trustees,
Such being the nature of the right and interest in the personal estate of the testator which is vested in the executors under the will, we are of opinion that they are not chargeable under a trustee process at the suit of a creditor of one of the heirs at law. They do not hold the property merely in their capacity as executors. If they did, their trust would be discharged and their duty performed when they had collected the personal estate, paid the debts, legacies and charges, and distributed the residue among those entitled to receive it. If such only were the extent of their duties under the will, they would be liable to be charged as trustees of the heirs at law for their
Trustees discharged.