In re Honeyfield (deceased) Honeyfield v Honeyfield and Others - [1961] NZLR 1049

Wills — Construction — Bequest of moneys described as being separately invested — Moneys traced but not separately invested — Bequest neither void nor adeemed — Direction to pay duties charged on estate — Includes duties payable on notional estate — Estate and Gift Duties Act 1955, s. 32.

Wills — Devises and bequests — Bequest of moneys described as being separately invested — Moneys traced but not separately invested — Bequest neither void nor adeemed.

Wills — General — Incidence of estate duty — Direction to pay all duties charged on estate — Includes duty on notional estate.