27 Conn. 600 | Conn. | 1858
The right of the plaintiffs to a decree in their favor, depends upon the title which the defendant, William H. Wyllis, took to the income arising from that portion of the estate of his mother-which was vested in a trustee for his and his children’s benefit. If, as the defendants claim, the trustee under the will of Mrs. Wyllis took the entire estate, both legal arid equitable, leaving to her son nothing but such portion of the income as the trustee, in his discretion, should see fit to allow or pay over to him, from time to time, then, undoubtedly, his beneficial interest would' be so precarious as not to be susceptible of assignment; but, if he took the whole or a certain and definite portion of the income, then, to the extent of his interest in it, it .is assignable like any other property.
The clause of the will by which this trust wás created is in these words : “ I give, devise and bequeath all the rest and
Coming then to the meaning of the will of Mrs. Wyllis, it is claimed by counsel that the object of vesting the legal title to the property in trastees was to preserve it for the use of her son, so that he could neither expend or waste the principal, or aliene or anticipate the income. That her object
In this opinion the other judges concurred.
Decree for plaintiffs advised.