Lawrence v. Embree

The Surrogate.

By the fifth clause of her will, the testatrix gave to her nephew and his wife and the survivor of them “ the interest, dividends, or other income of two thousand five hundred dollars,” for and during their joint lives, and the life of the survivor of them, and after their decease the principal sum to their children then living. There are numerous other bequests of life estates of the same character contained in the will, and the question arises whether the interest or income began to run on the decease of the testatrix. Generally, when no time of payment is named, legacies are…