Trust Created Under the Will of Damon

KLEIN, Justice.

The will of Samuel M. Damon created a trust to administer his estate which consisted of various business interests, considerable land holdings, including the Moanalua Gardens, and other assets. The will clearly provided for continuation of the trust throughout the lives of Damon’s children and grandchildren who were living at the time of Damon’s death (the measuring lives), but did not expressly refer to a termination date. Based on the language of the will and principles of construction, the trust is susceptible of two possible termination dates: (1) the date of the death of…