Louis Brandeis, Kahn v. United States — Opinion of the Court
“ The income of each was made payable for life to the beneficiary without power of anticipation or assignment. Provision was made that the executors should, until the several trusts were established, pay monthly to each a sum named; and these amounts were approximately, but not exactly, proportionate to the probable income of the respective funds. There was also a provision that, if the aggregate amount of the funds to be so established should exceed one-fifth of the net estate, each should be proportionately reduced. ”
