In re the Estate of Cassidy

Mr. John Cassidy created a testamentary trust embracing his entire estate, both his will and a codicil having relation to the subject. By the will he invested a discretionary power in trustees to pay annuities, none in excess of four thousand dollars, for support and maintenance, so long as any of his children should live. Immediately following this provision in that document is a paragraph in these words:

“In the event that any of the beneficiaries do not draw yearly to the amount of four thousand dollars, then the Trustee shall retain the remainder yearly, and give credit to the…