Sturgis v. Stinson

In this will construction case, we determine whether the testator placed restrictions on the amount of income which the income beneficiary was to receive and, if not, whether the executor was required to administer the assets of the trust created by the will in a manner which did not discriminate between successive beneficiaries and which produced a reasonable level of income in relation to the value of the trust assets.

Dr. William J. Sturgis, Jr., died testate in 1986, leaving an estate valued at $1,140,462, consisting of an automobile, approximately $300,000 in various stocks and bonds, and…