The accounting trustees request instructions as to the proper allocation between principal and income of payments received from fractional interests or shares in oil royalty interests.
By paragraph "FOURTH" of his will the decedent created seven trusts for the benefit of his wife, four daughters, a daughter-in-law and a niece. The major assets of the trusts consist of interests in oil royalties...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
