The central issue in this proceeding is this: at what point does an "absolute and uncontrolled" discretion of trustees to withhold invasion of principal become an unreasonable abuse of that discretion?
The petitioners here, Guy Stillman and Dr. James Stillman, are grandsons of the testator James Stillman. They are income beneficiaries of two trusts under article SEVENTH of the will of the testator. Each of them complains...
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.
