Court Opinion

ID: 9825203
Source: CourtListenerOpinion
Date Created: 2023-09-01 12:17:48.288751+00
Date Added: 2024-06-11T07:40:32.079272
License: Public Domain

On Rehearing.
The trial court in its decree held: “The said trustee is hereby authorized to employ a real estate rental agent, or agents, for the real estate owned by said estate, to rent and collect .the rents therefrom, and the trustee is hereby authorized to pay said agent or agents, the regular commission provided for under the rules and regulations of the Birmingham Real Estate Board and all commissions so paid shall be charged to the corpus of the estate, in accordance with directions of the Supreme Court in the case of Frye etc. v. Community Chest, etc., 241 Ala. 591, 4 So.2d 140.”
In the case cited by the trial court, this court expressly held that the costs and expenses incident to the management of the estate by an outside trustee should be a charge on the corpus of the estate and not go in diminution of the income of the life tenant. This conclusion was based on the intention of the testator as expressed in Item 4 of the will. We hold, therefore, that the trial court correctly provided that, the commissions paid to the real estate agents in connection with the management of the estate should be charged to the corpus of the estate.
Application for rehearing overruled.
GARDNER, C. J., and FOSTER and STAKELY, JJ., concur.