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Home / Courts / S.C. Supreme Court / Trusts & Estates – Wills – Asset Distribution – Executors’ Discretion – Standard of Review  (access required)

Trusts & Estates – Wills – Asset Distribution – Executors’ Discretion – Standard of Review  (access required)

The testatrix’s will gave her personal representatives broad discretion in making distributions. Given such broad discretion, and despite the fact that the estate was unable to fulfill the testatrix’s specific bequest of $400,000 in cash to her respondent-stepdaughter, the personal representatives could divide the estate’s residue such that they received the only income-producing property while ...

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