MacLean v. First National Bank of Madison

The will in its second paragraph gave to the testator’s sister Mary M. MaeLean the household furniture and personal property, a sum sufficient to retire any indebtedness on her home, and the sum of $5,000. The residue of the estate was given in trust to the First National Bank of Madison (First National) as trustee. From the income the trustee was to pay $250 a month to the sister as long as she lived and to take care of any special needs during her lifetime. Upon the sister’s death and after the payment of her funeral expenses, the will directed that the corpus “be divided as follows:

“(1)…