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MATTER OF WILL OF KLINE

SJC-13579.

244 N.E.3d 1011 (2024)

495 Mass. 1

In the MATTER OF the Trusts Under the WILL OF Helyn W. KLINE.

Supreme Judicial Court of Massachusetts, Barnstable.

Decided November 5, 2024.

Attorney(s) appearing for the Case

Tracey L. Taylor, West Yarmouth, for the petitioner.

Christopher H. Lindstrom, Boston, for the trustees.

Present: Budd, C.J., Gaziano, Kafker, Wendlandt, Georges, Dewar, & Wolohojian, JJ.

This case presents the question whether the Massachusetts Principal and Income Act, G. L. c. 203D, §§ 1-29 (MPIA or act), permitted a trustee of trusts having an income beneficiary and remainder beneficiaries to adjust between principal and income after he pursued a total growth strategy that disproportionately increased...

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