In re Estate of Stewart

242 So. 2d 781, 1970 Fla. App. LEXIS 5393
CourtDistrict Court of Appeal of Florida
DecidedNovember 4, 1970
DocketNo. 69-759
StatusPublished
Cited by2 cases

This text of 242 So. 2d 781 (In re Estate of Stewart) is published on Counsel Stack Legal Research, covering District Court of Appeal of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Estate of Stewart, 242 So. 2d 781, 1970 Fla. App. LEXIS 5393 (Fla. Ct. App. 1970).

Opinion

MORROW, RUSSELL O., Associate Judge.

This is an appeal from an order entered in the County Judge’s Court of Palm Beach County, Florida, granting appellee’s petition for construction and revocation of a portion of the will of Ruth Y. Stewart. The appellant is administrator, C.T.A. of the said estate. The appellee is the brother and heir at law of the deceased, a beneficiary under her will, and a life tenant of her testamentary trust.

Paragraph FIFTH of the will provides as follows:

“FIFTH: All the rest, residue and remainder of my estate, both real, personal and mixed, of every nature and wheresoever situate of which I may die seized or possessed, including without limitation all property acquired by me or to which I may become entitled after the execution of this my will and all property herein attempted to be disposed of, the disposition whereof by reason of lapse or other acts, shall fail to take effect, and including the property of which I have the power of appointment under the Will of my husband, FREDERICK M. STEWART, deceased, I give, devise and bequeath to my Trustees hereinafter named, IN TRUST NEVERTHELESS, for the following uses and purposes :
(a) My Trustees shall receive, hold, manage, invest, reinvest and administer the same and collect the income thereof and pay the same to my brother THOMAS YOUNG, in monthly or quarterly installments as he may elect during the term of his life;
(b) In the event that the amount of income payable to my brother, THOMAS YOUNG, from this trust shall be less than TWENTY THOUSAND DOLLARS ($20,000.00) in any one year, calculated from the date of my death, then I authorize and direct my Trustees, upon the written request of my said brother, to invade and use so much of the principal of said trust fund as may be necessary to make up the difference between the sum of TWENTY THOUSAND DOLLARS ($20,000.00) and the amount of the income payable to him from said trust fund.
(c) I further authorize and empower my Trustees to invade and use the principal of said trust and to pay over to my brother, THOMAS YOUNG, such additional amounts and at such times, as they, in their sole and exclusive discretion and judgment, may deem necessary or advisable to meet any emergency which may arise, such as unusual medical or other expenses incurred by my brother.
(d) Any payments of principal which may be made pursuant to subparagraphs (b) and (c) hereof, shall be absolute and free from all trusts, and upon making such payments my Trustees shall be fully released and discharged from all further liability or accountability therefor.
(e) Upon the death of my said brother, the said trust shall terminate, and I direct [783]*783and empower my Trustees thereupon to divide, pay over and distribute the principal of said trust as then constituted, together with any accumulated or accrued income, among such of my relatives as may then be surviving and among such charitable, educational or religious corporations, and in such proportions, as my friend and attorney, WILLIAM A. SHEA, shall, in his sole and exclusive discretion and judgment, fix, designate and determine.”

The chronology of events are here stated:

1. Ruth Y. Stewart died March 1, 1968;

2. Her will dated October 8, 1958, was admitted to probate on March 20, 1968;

3. On August 29, 1968, appellee filed his petition for construction and revocation wherein he renounced any disposition and bequest made to him under said will and wherein he petitioned that paragraph FIFTH (e) above be revoked and declared invalid;

4. On September 18, 1968, appellant as respondent filed his answer to said petition;

5. On December 19, 1968, appellant filed his amendment to said answer which amendment embraced a revocable designation by William A. Shea of those relatives and corporations which were to take the principal of the trust at its termination. This designation was executed on September 3, 1968;

6. On October 22, 1969, the distinguished probate judge entered his order adjudicating paragraph FIFTH (e) to be null and void as violating the rule against perpetuities. Said order also held that the power of appointment given to Shea could not be exercised until the death of the brother and that Shea’s attempt to do so was void. The trial court found it unnecessary to decide the question of whether the power was impossible of performance because of ill-defined, vague and ambiguous classes of recipients described therein. This latter question formed the basis of appellee’s petition; the rule against per-petuities not being raised therein.

The questions herein to be decided are: (1) does paragraph FIFTH (e) violate the rule against perpetuities?; (2) is the designation by Shea valid?; (3) was the description of the classes of recipients named in the power of appointment ill-defined, vague and ambiguous?

As to question (1) the trial court found that paragraph FIFTH (e) was an attempt by the decedent to convey a power of appointment to Shea and that this was subject to a condition precedent, to-wit: the death of Thomas Young and that the power does not exist until such death. The court further found that since Shea might die before Young there would be no one to exercise the power and it violated the rule against perpetuities.

The trial court was correct in holding that the power was a special power only exercisable by Shea. However, the fact that Shea may die before Young and therefore the power would never be exercised, is not violative of the rule. If Shea died first, without exercising the power, the trust residue would pass by intestacy at the death of Young. The rule provides that no interest is good unless it must vest, if at all, not later than 21 years after lives in being at the creation of the interest. We cannot strike the power down simply on the ground that it may never vest. In this case the interest must vest within the lifetime of Young plus 21 years if it is going to vest at all. (Van Roy v. Hoover, 1928, 96 Fla. 194, 117 So. 887.)

The order appealed correctly states the following:

“One of the essential elements of the Rule against Perpetuities is that at the time the future interest is created it must appear that the condition precedent to vesting must necessarily happen, if it [784]*784happens at all, within the period described by the rule.”

As long as Shea makes a valid designation the interest can and must vest within the time prescribed by the rule. The court cannot void a power where the vesting must happen, if at all, within the rule. “If at all” are the life-giving words to an interest, where the only possible way it can vest falls within the rule and the only alternative is that it can never vest. In this event it would vest by intestacy. The power granted herein does not violate the rule against perpetuities.

The power of appointment was set forth in the Will of the deceased and it came into existence upon her death and can be exercised by the donee from the date of said death subject to the terms of the grant of said power and applicable law.

Question (2) now arises. Was there a valid designation by Shea on September 3, 1968, prior to the death of the life tenant Young?1 The wording of the [785]

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Related

First National Bank of Lake City v. Estate Young
338 So. 2d 67 (District Court of Appeal of Florida, 1976)
Estate of Stewart v. Caldwell
271 So. 2d 754 (Supreme Court of Florida, 1972)

Cite This Page — Counsel Stack

Bluebook (online)
242 So. 2d 781, 1970 Fla. App. LEXIS 5393, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-estate-of-stewart-fladistctapp-1970.