In re the Estate of Toeplitz

S. Samuel Di Falco, S.

In this application for the judicial settlement of the trustees’ account, the court is asked to identify the remainder beneficiaries of the trust. Article twelfth of the testator’s will creates several trusts from the residuary estate. In relevant part article twelfth reads as follows: "II. I give, devise and bequeath three (3) of such equal parts to my Trustees hereinafter named, in trust, however, for the following uses and purposes: To invest and reinvest the same so that it shall produce an income and to apply the net income therefrom quarterly to the use of my…