Guaranty Trust Co. v. Virginia
Supreme Court of the United States
1Opinion of the CourtJustice McReynolds
Mrs. Mary T. Ryan, while resident and citizen of Virginia in 1930, 1931 and 1932, was beneficiary of a trust §gA up under the will of her husband, Thomas F. Ryan, wÁgft dáed when a citizen of New York in 1928. The will was probated in New York; the trustees qualified there, took over the assets and have kept them there. The trust Ute administered and accounts settled under the state.
The wiibefiwled the estate into fifty-four parts and directed payment of5''the income therefrom to designated beneficiaries. These are the provisions presently important—
“Twelve (12) of said equal parts to said…
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