In Re the Estate of Bulis

Does the earned, undistributed net income of the trust which accumulated during the life of Pansy Bulis, life beneficiary of the trust, belong to her estate or does this fund belong to the remaindermen of the trust, namely: the testator’s son B. E. Bulis, and his adopted sons, John B. Bulis and Charles R. Bulis ? This is the first question presented by the appeal.

Decision as to this question is controlled by the language of Item Nine of the will. This item directs the trustees to pay the net income of the trust to “Pansy Bulis, as long as she shall live.” There is no provision in the will…