Hopkins v. Safe Deposit & Trust Co.

Archibald H. Taylor died August 17, 1928, leaving a last will and testament which was duly admitted to probate in the Orphans’ Court of Baltimore City.

In Item II he directed to be paid and charged to the principal of his estate all lawful inheritance or estate taxes, as the same should fall due, upon the annuities and life estates which were provided for in subsequent provisions of the will.

By Item III he gave all the rest and residue of his estate at the time of his death (excepting proceeds of life insurance policies on his life) to trustees, to manage and control the same, and to pay out…