Worm v. United States Trust Co.

There is submitted to this court upon an agreed statement of facts a controversy as to whether an inter vivos trust has been effectively revoked.

Defendant, United States Trust Company of New York, is trustee under a deed of trust executed by plaintiff on January 23, 1923. The deed recites the delivery of certain enumerated securities by plaintiff to defendant in trust to pay the income therefrom to plaintiff in quarterly installments during her natural life and upon her death to pay over the remainder of the trust as she might by last will and testament appoint and “ in the absence of such…