White v. Chaplin

Allen, J. I.

Unless a will provides otherwise, the beneficiary of the income of a trust fund created by the will is entitled to no income accruing or interest during the year following the testator’s death except in certain cases of dependency. Fuller v. Gale, 78 N. H. 544, 546. It follows that the income of the estate received during such period became merged in the estate so as to form a part of the principal of the residue.

While a pecuniary legacy, whether or not in trust, gives the right to interest on it commencing one year after the testator’s death if the legacy is not by that time paid…