Edmondson v. Wylie

STEWART, Chief Justice.

This action is a sequel to the case of Clay v. Security Trust Co., Ky., 252 S.W.2d 906. In that opinion it was decided that the testator in the present action, John I. Macey, was the owner of a vested remainder interest in the trust estate created by the will of James T. Clay. This trust estate consists entirely of investments in stocks and bonds and its value is now in excess of $40,000.

The will of James T. Qay provided that his estate was to be held in trust for his sister for life and was then to be held by the trustee until John I. Macey reached the age of 35 at…