Hickman v. Hickman ex rel. Hickman

ETHRIDGE, Chief Justice:

This case involves a testamentary trust of a stated sum of money for each of two minors, to be “put in a fund so that they will not start drawing their money until they start college.” The Chancery Court of Winston County held that this created *854an estate in the funds, vested in interest in the two minors, but not vested in possession; that the executor should serve as testamentary trustee, and the trust estate, not that of testator, should receive the interest on the fund. We affirm.

Dr. Walter B. Hickman died in 1962, leaving a holographic will. It named his son and…