Borchert v. Mueller
Borchert v. Mueller
Opinion of the Court
Upon the hearing on the petition, and upon this áppeal, the appellant relied upon the case of Will of McIlhattan, 194 Wis. 113, 117, 216 N. W. 130, wherein this court said:
“ ‘When the purposes for which an express trust shall have been created shall have ceased the estate of the trustee shall also cease.’ Sec. 231.23, Stats.
“Upon the election of the widow and the death of Fred Mcllhattan the purposes of the trust ceased, and the estate of the trustees also ceased under the statute quoted. It is a general rule of law that the election of the widow has the same effect as her death, and accelerates the remainders so that the beneficiaries enter directly into enjoyment thereof. 28 Ruling Case Law, 333; 2 Page, Wills (2d ed.), p. 2028; Sherman v. Flack, 283 Ill. 457, 459, 119 N. E. 293; Rench v. Rench, 184 Iowa, 1372, 169 N. W. 667; Ammon’s Estate, 269 Pa. St. 159, 112 Atl. 69; McCollum v. McCollum, 108 Neb. 82, 187 N. W. 783; Hasseltine v. Partridge, 236 Mass. 77, 127 N. E. 429; In re Schulz’s Estate, 113 Mich. 592, 71 N. W. 1079. This.general rule of law does not apply if the terms of the trust expressly otherwise provide; that is, the intent of the testator must prevail if that intent is manifest from the will itself.”
By the Court. — Order reversed and cause remanded with directions to enter an order granting the petition for termination of said trust.
Reference
- Full Case Name
- Will of Borchert: Borchert v. Mueller and another
- Cited By
- 2 cases
- Status
- Published