Day v. Walker

CULLEN, Commissioner.

The trustees of a testamentary trust created by the will of Charlie Walker, Sr., deceased, are appealing from a judgment which ordered them to furnish certain reports of their trusteeship to Charlie Walker, Jr., a son of the decedent, who has a conditional or contingent future interest under the will.

The testator died in November 1965. Under his will his estate was placed in trust for a period of five years, which will expire in November 1970. The trustees are to manage the estate and pay out the income during the period of the trust, and at the end of the trust period…