Nielsen v. Marshall & Ilsley Bank

The instruments mentioned in the above statement are so related to the purposes of the creator of the trust that they must be considered of controlling significance. Julia Boyle, in June, 1928, formed her plan to meet problems then existing and those which in her judgment might develop. On June 1, 1928, she created a trust, the terms of which provided for the payment to her son, Francis H. Boyle, the income from that portion of her estate appointed as the corpus of the trust. The period during which payments were to be made was therein limited to the time from the creation of the trust to the…