Danbury National Bank v. Millard

Following the decease of her husband in 1923, Martha L. Millard was possessed of an estate of a value then estimated as between $300,000 and $400,000. Four of her children were living, namely, Louise M. Baker, Eugenia M. Loewe, LeRoy S. Millard and defendant, T. Cheever Millard, all of whom were of age and, with the exception of T. Cheever, married. Martha L. Millard was not then and for many years prior thereto had not been in good health. Late in 1923 she conceived the idea of making some arrangement whereby the income of such part of her estate as she contemplated would not be required for…