Malden Trust Co. v. Bickford

Alice B. Simpson, a resident of Malden, died testate on September 14, 1949, leaving an estate appraised at just under $242,000. At her death she held shares in a cooperative bank as trustee for one Mabel Fiske. She also was a joint owner of five savings accounts. The aggre gate value of these shares and accounts was approximately $34,000. The beneficiary of the cooperative bank shares and each of the five joint owners of the savings accounts survived the testatrix, and, for convenience, will hereinafter be referred to as the respondents. Their interests in these accounts and shares were…