What is the difference between a testator's directions for conversion of real estate and personal estates?
Saskatchewan, Canada
The following excerpt is from Grayson v. Walsh, 1925 CanLII 156 (SK QB):
The present case also seems readily distinguishable from that of In re Boards; Knight v. Knight [1895] 1 Ch. 499, 72 L.T. 220, cited for the next-of-kin, in that the testator there gave separate directions for the conversion of his real and personal estates respectively, and then ordered his executors to mix or blend the proceeds after (and not before, as here) they had paid the debts and legacies into a trust fund for one of the defendants.
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