WILL OF CLARENBACH


23 Wis.2d 71 (1964)

WILL OF CLARENBACH: BRITE and another, Trustees, Appellants, v. HEGGESTAD, Guardian ad litem, Respondent.

Supreme Court of Wisconsin.

March 3, 1964.


Attorney(s) appearing for the Case

For the appellants there were briefs by Michael, Best & Friedrich, and oral argument by Gaar W. Steiner and George A. Schutt, all of Milwaukee.

For the respondent there was a brief and oral argument by E. J. Heggestad of Milwaukee, guardian ad litem.


DIETERICH, J.

The crux of the instant appeal is the interpretation to be placed upon clause 7 (G) of the trust provisions of the will, which reads:

"(G) I hereby grant to my executors the power to determine how all receipts, whether realized or accrued (inclusive of stocks, rights, securities received upon reconversion or upon reorganization, or other securities) and all disbursements, whether paid or accrued, shall be charged or apportioned as between income...

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