Mary E. Buchanan, Appellant v. Sarah J. Little, Respondents

Summary

The Court of Appeals affirmed the lower court after modifying the judgment to hold that the will created a valid trust measured by the lives of the two daughters, that the annuities to the wife and sister remain charges on the residuary estate even after the trust terminates, and that the present value of those annuities must be paid to the annuitants before the residue is distributed to the remaindermen.