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Future Interests-Powers-Legal Consequences Of A Life Estate With A Power Of Disposition Under The New York Type Powers Statute, Richard W. Young S.Ed.

Michigan Law Review

Testatrix devised certain property to her husband "to be used and enjoyed by him with the right to sell and dispose of same and use so much thereof, either principal or income, as he may desire during his lifetime.'' Any property or the proceeds thereof remaining at his death was to be distributed equally to named takers, children of the testatrix. Successors of the remaindermen brought an action for ejectment and to quiet title against persons claiming under conveyances from the life tenant, the plaintiffs contending that these conveyances were made without consideration and could not operate to cut off …