Matter of Stone v. Graves

Lehman, Ch. J.

Gordon Wendell died, a resident of the county of New York, on January 31, 1910. By his last will and testament he directed that his residuary estate should be held in trust during the lifetime of his wife for her benefit. The testator left contingent remainders in the trust fund, upon the death of his wife, to their children and in case no child survived his wife, he directed that the principal of]the fund should be paid to more distant relatives. Until the death of the life tenant it was not possible to determine at what rate the transfer of the remainder would be ultimately…