Simpson v. White

Opinion

HALLER, Acting P. J.

The executor of the estate of Harold T. Simpson 1 used estate assets to pay more than $250,000 interest on delinquent estate taxes. The sole issue on appeal is the proper source of funding for this interest payment. Harold’s surviving wife, Verna Mae Simpson, contends, and the trial court agreed, the interest should have been paid from the corpus of Harold’s residuary estate. Harold’s daughter from a former marriage, Sally Ann White, contends the interest should have been paid from income earned on estate assets during the probate period. Viewing the terms of…