OCR Text |
Show "Spendthrift Wills" Common. "Spendthrift wills," in which the heir is placed virtually at the mercy of the executor, who must watch his conduct closely to determine whether the money properly can be turned over to him, are common. Monthly payments pay-ments to heirs are often specified and provisions made for burials and the erecting of monuments. Conditions may be attached that a proposed church building to which the testator desires to leave the money must bt built within a certain time or thf bequest Is forfeited. Money Is plncci In trust for sending children to collegi or for other purposes, and the trus company must see to It that It I used for the purposes specified am for no others. |