Court Opinion

ID: 9602192
Source: CourtListenerOpinion
Date Created: 2023-08-22 01:52:25.35899+00
Date Added: 2024-06-11T18:02:01.399143
License: Public Domain

Deen, Judge,
dissenting.
What we are talking about here is a legal interest in an equity of redemption; that is, the remainder interest in the equity. Mrs. Miles already had the life estate in the equity of redemption under the will, and she had the legal interest to the amount of the debt by purchase. The remainder interest in the equity of redemption is all that is left, and this the appraisers could set aside to her for year’s support. The fact that in conjunction with this award they attempted to give her something she already had (the debt-title to the remainder) doesn’t keep the legal part of the return from vesting in her to give her a perfect title. (The sum of all legal and equitable interests in property always equals fee simple).
As I see it, whether the exclusion of the loan deed be harmless error, or correct, the direction of the verdict was proper in any event. I would affirm, under either theory.
I am authorized to state that Judge Evans concurs in this view.