Legal Opinion

Harris v. Burger

Wisconsin Supreme Court

Decided December 5, 1950PublishedCited by 6 opinions

1Opinion of the CourtUBrown, J.

The direction to divide the interest from the trust estate among Ihe great nephews and great nieces annually shows the testatrix’s intent that the estate should be kept productive of income. This necessarily requires investment of cash assets and management of all investments. Over so long a trust period as that specified by the testatrix she must have anticipated that changes affecting the productivity of original investments would occur. Without some expression of hers to the contrary it cannot be supposed that she meant her trustee to be powerless to alter or adjust the corpus of the trust…

2Cases cited3 opinions

  1. Becker v. ChesterWisconsin Supreme Court · 1902
  2. Holmes v. WalterWisconsin Supreme Court · 1903
  3. Butter v. BurmeisterWisconsin Supreme Court · 1941

3Cited by6 opinions

  1. Airwork Service Division v. Director, Division of TaxationNew Jersey Tax Court · 1981
  2. Simmesport State Bank v. ScallanLouisiana Court of Appeal · 1961
  3. Estate of Murphy v. Comm'rUnited States Tax Court · 1979
  4. Estate of Murphy v. Comm'rUnited States Tax Court · 1979
  5. In Re the Estate of Chun Quan Yee HopHawaii Supreme Court · 1970

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