Estate of OSCAR KAIN SCHNEIDER, Deceased. BANK OF AMERICA, as Trustee, etc., Petitioner and Respondent, v. VITA A. GARRETT, Objector and Appellant

Holding

The court held that a testamentary trustee is obligated to account for all gross income of a trust, not merely net income, and that the finality of a probate court’s order settling an account is conclusive only as to the items actually disclosed and passed upon by the court, leaving undisclosed matters open to challenge by beneficiaries.