This section contains the nature of the case and procedural background.

This was a dispute over the sale of bonds to buy tax-free investments to benefit the life beneficiaries because of their high tax brackets. The guardian objected because this sale resulted in an invasion of the trust corpus and was detrimental to the remaindermen.

The legal issues presented in this case will be displayed here.

The court's holding and decision will be displayed here.

Legal analysis from Dean's Law Dictionary will be displayed here.