Gowthorpe v. Page

The will of Walter S. Butterfield, who died in 1936, established a trust, most of the income of which was to be paid to his surviving widow and to his six children. In the event of the death of a child of the decedent before termination of the trust, the income from the child’s share was to be paid to the issue of such child. The trust is to continue until the death of the decedent’s widow *661and all of his children, at which time the remaining trust property will be divided equally among all of the decedent’s grandchildren who are then living.

Since the corpus of the trust consists solely of…