Chase v. Pevear
Massachusetts Supreme Judicial Court
1Opinion of the CourtBraucher, J.
The trustee of a testamentary trust appeals from a judgment and orders of the Probate Court removing him as trustee, surcharging him in the amount of $119,902.04, plus interest, denying his claim for fees and expenses, and ordering him personally to pay fees and expenses of adverse parties in the amount of $107,896.71. The appeal presents important questions with respect to the application of the “prudent man rule” of Harvard College v. Amory, 9 Pick. 446, 461 (1830), and a number of subsidiary questions of probate and trust law and practice. We uphold the removal, reduce the amount of the…
2Cases cited47 opinions
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