In re the Estate of Rich

Foley, S.

This proceeding is brought for the construction of the will and for a determination as to the validity and effect of the exercise of the right of election by the husband of the testatrix, under section 18 of the Decedent Estate Law. The plan of the will, in general terms, provides for the setting up of one-half of the estate in trust, with income payable to the husband for life. Upon his death, the principal of that fund is given to a sister of the testatrix, Ida Cole. There is directed to be set aside out of the residue a fund sufficient to produce an annuity of $1,200 per year to…