Boston Safe Deposit & Trust Co. v. Children's Hospital

The testator Seward M. Paterson died on May 31,1971, survived by his second wife. His gross estate v/as in excess of $13,000,000 (as estimated for Federal estate tax purposes). His will made outright cash bequests of $2,245,000 to friends and relatives, and left all his real estate and tangible personal property and some other property, valued in all at $201,482, to his widow. Two trusts were established by the will: first, a trust, funded in the amount of $170,000 (if, as happened, the testator was survived by his wife), with a Ufe interest to the testator’s sister-in-law, and the remainder…