Majority
Headnote
Wills—Construction—Restricting Estate.The question in controversy arises upon the construction of the residuary clause of the will of William Wells, deceased. It is as follows:
“I give, devise, and bequeath unto my said wife, Elizabeth H. Wells, all the rest, residue, and remainder of iny estate, both real and personal, of every name and description, wherever the same is or may be located, to have and to hold the same for and during her natural life, and at her death so much thereof as shall then remain shall be divided equally among my children,” etc.
A subsequent clause of the will empowered the executor to sell and convey, upon such terms as he or she shall deem expedient, any portion, or the whole, of the real estate. The wife was named as sole executrix.
A devise or bequest of personal or real estate to another during natural life constitutes a life estate. This was expressly held in the case of Areson v. Areson, 3 Denio, 458 . A gift for life is a gift of the use only, and the meaning of the provision is the same as it would have been had the word “use” been inserted. 2 Woerner, Adm’n, § 456; Hyde v. Parrat, 1 P. Wms. 1. A tenant for life of real or personal estate is bound to account for the principal only. The income or interest belongs absolutely to the tenant. Miller v. Delamater, 12 Wend.- 433 . As we have seen, the will in question devised and bequeathed to the wife all the residue and remainder of the estate, both real and personal, to have and to hold the same for and during her natural life. This created a life estate in the wife, and the income therefrom became hers absolutely, unless it was cut down by the provision which follows,—“and at her death so much thereof as shall then remain shall be divided equally among my children,” etc. It is claimed that the words “as shall
My conclusions are that the widow, Elizabeth H. Wells, took a life estate in all the real and personal property of which William-Wells died seised or possessed, not otherwise disposed of by his-will; that the income thereof "became hers absolutely; that upon her decease her administrator should account for the principal of the estate, but not for the income therefrom. Either party may prepare findings in accordance with the views herein expressed, and submit them to me for settlement on Saturday next, at 11 o’clock A. M.
Cases cited
- Miller v. Delamater 12 Wend.- 433 p. 59
- In re the Appeal from the Assessment of Taxes upon the Legatees, under the Will of Cager 111 N. Y. 343 p. 60
- Van Horne v. Campbell 100 N. Y. 287 p. 60
- Smith v. Van Ostrand 64 N. Y. 278 p. 60
- Terry v. Wiggins 47 N. Y. 512 p. 60
- Leggett v. Firth 132 N. Y. 7 at 29 p. 60
- Rose v. Hatch 125 N. Y. 427 p. 60
- Crozier v. Bray 120 N. Y. 366 p. 60