Wellman v. Cleveland Trust Co.

ROBINSON, J.:

1. The Inheritance Tax Act, to accomplish the purpose for which enacted, must be so interpreted as to authorize the payment of the tax by the administrator, executor or trustee out of the corpus of the estate passing.

2. Where an estate is conveyed or devised in trust with provisions for the payment of the income thereof to various beneficiaries in succession, and upon the death of all such income-beneficiaries the corpus of the estate to the remainderman, in the absence of any provision in the trust agreement or the will to the contrary, the corpus of the estate will not be…