ÿWPCÿ ,mµ—}z¦éÃñè³ÛÉU¹2qŒ€="y öVd)Ž4-(–¬ÓÙçj–ßåLþfÎ?·kî9bÀb2 ¦fÅø‡÷k[{°3b(’ùXEßÏÈ°õû\­/wáz‡ðHA‚’ Bê0˜|öýÌþ R×oÿø»³ÚrVè©™<ÚØéw„&YsVAx„£iuåÿ¶QaNrÆÂyü͖ꃶžšJ•Üˆïw:;àRsièŠ$Ç®%2-Ë’‘;RÉHƒ.RŽ;/¥‘à@¹‘,ß°»·<þÏGÆBˆÆ¹LîhB‰OysÉãÝŒw;¬½â´Ÿ •ÑÉÌ,h°[Á<(»"ÌF Mu™]5_cÐW†Rqèôáü|͸ÿqødmz™fñ]ü&~Œgd猉{ΉþBå ýîtêåüsùjî)ã—”3ž«{ÃܵҲdz£Ñò0‹ubñ&[ÐFŒt¶¾äÔâ§é>G'øÙ¶©ÿ»åW¸‡Rx•«¤EÂj¾AêÎiY+³rç«éþu»8L±nõ<…r}‘-ÒKCh6[Öø¯Óg ³ÆÙ”ðæ’—Ï«rôwÖð³:äaZ„b#Á\^  %) 0ˆ/ UN· w 4 z Ò— i x mz ‘ Æ™ Æ_ Æ% Æë µ±Nf 0DhA¬Eíïóbôôôôôôôôôôôôôôôôôôôôôôôôôôôôôôôôôôôô 0ëüüüü Bçç 0¤ D3¨ D-Û 0K ASSƦ 0¤l 0D A«T˜HP LaserJet 4Si,ü,,,,,ü0û(L »(`£ª$¡¡Ñ€.ÑÑ8€½­»»d»»d8ÑÑ ý ÑÓ  Ó(í€"  Z6Times New Roman Regularö~ì(¢Ø+00 ˜C:\PROGRA~1\COREL\WORDPE~1\TEMPLATE\CUSTOM~1\REVISE~1.WPTC:\Program Files\Corel\WordPerfect Office 2000\Template\Custom WP Templates\revised standard opinion.wpt3|xÿU‹ÿÀÀÀ Level 1Level 2Level 3Level 4Level 5‚Level 1Level 2Level 3Level 4Level 5„Level 1Level 2Level 3Level 4Level 5…Level 1Level 2Level 3Level 4Level 5 «Ý ƒRÝ$ÝÓ  Óà  àòòÚ  Ú1Ú  ÚóóÔ€X¹ûX»»ÔÝ  ÝÔ_ÔÔ€ôÜä òXX¹ûÔUnder€the€terms€of€Mr.€Hibbettððs€will,€his€widow€has€a€determinable€life€estate.€€The€estate€may€continue€forÐ ° Ðthe€rest€of€her€life,€or€it€may€determine€„„€or€terminate€„„€during€her€lifetime€should€she€(1)€stop€using€the€property€asÐ xÈ Ðher€home,€(2)€remarry,€or€(3)€start€living€with€a€man€without€the€benefit€of€marriage.€€òòSee€Williams€v.€Estate€of€Williamsóó,Ð @ Ð865€S.W.2d€3,€7€(Tenn.€1993);€òòHinton€v.€Bowenóó,€190€Tenn.€463,€468,€230€S.W.2d€965,€967€(1950).(#Ã$òòÚ  Ú0Ú  Úóó 7Ý ƒRÝ$ÝÓ  Óà  àòòÚ  Ú2Ú  ÚóóÔ€X¹ûX»»ÔÝ  ÝÔ_ÔÔ‡ôÜä òXX¹ûÔUnder€the€willððs€terms,€Ms.€Beech€holds€two€types€of€future€interests.€€She€has€a€traditional,€straightforwardÐ ° Ðremainder,€which€would€eventually€become€an€estate€in€land€and€would€succeed€her€stepmotherððs€life€tenancy€if€Ms.Ð xÈ ÐHibbett€lived€on€the€property€for€the€rest€of€her€life.€€Additionally,€she€has€a€shifting€executory€interest€that€would€causeÐ @ Ðthe€property€to€pass€to€her€during€her€stepmotherððs€lifetime€should€her€stepmother€stop€using€the€property€as€her€home,Ð X Ðremarry,€or€begin€cohabiting€with€a€man€without€the€benefit€of€marriage.€€Ms.€Beechððs€two€interests,€a€remainderÐ Ð  Ðcoupled€with€an€executory€interest,€may€be€treated€together€as€a€vested€remainder.€€òòSeeóó€3€òòThompson€on€Real€PropertyóóÐ ˜è Ððð€23.01(a),€at€281„82€(Thomas€ed.€1994).Ô#†X¹ûX òôÜä~#Ô Ý ƒRÝ$ÝÓ  Óà  àòòÚ  Ú3Ú  ÚóóÔ€X¹ûX»»ÔÝ  ÝÔ_ÔÔ‡ôÜä òXX¹ûÔAlthough€the€term€ð ðcorpusðð€is€most€commonly€used€to€identify€property€held€by€a€trustee,€òòseeóó€Bryan€A.Ð ° ÐGarner,€òòA€Dictionary€of€Modern€Legal€Usageóó€156€(1987),€in€this€context€it€means€the€income„generating€body€of€aÐ xÈ Ðdevise.€€òòSeeóó€14A€C.J.€òòCorpusóó€at€1425€(1921).Ô#†X¹ûX òôÜä~#Ô éÝ ƒRÝ$ÝÓ  Óà  àòòÚ  Ú4Ú  ÚóóÔ€X¹ûX»»ÔÝ  ÝÔ_ÔÔ‡ôÜä òXX¹ûÔWhile€the€trial€courtððs€desire€that€the€parties€agree€how€the€condemnation€proceeds€should€be€invested€is€well„Ð ° Ðintentioned,€it€is€unrealistic€because€the€parties€will€have€conflicting€views€regarding€the€proper€rate€of€return€and€riskÐ xÈ Ðof€the€investment.Ô#†X¹ûX òôÜä~#Ô- ù-(|G2Ý$¤¤Ý ƒ£ª!ÝÑ€.ÑÑ8€ ”»»dd8ÑÑ ý ÑÓ  ÓÝ  Ýà  àòòÚ  Ú0Ú  ÚóóÔ€X¹ûX»»Ô d(|3Á$££Ý ƒ£ª!ÝÑ€.ÑÑ8€ ”»»dd8ÑÑ ý ÑÓ  ÓÝ  ÝVVVV'ÿÿdxd)!ÈÈÈÈdxdx( ±þ$’’ò òFigure€Ú  Ú1Ú  Úó ó^_X`YEþÿ<<CÿÿƒLevel 1Level 2Level 3Level 4Level 5(|3Á$¢¢Ý ƒ£ª!ÝÑ€.ÑÑ8€ ”»»dd8ÑÑ ý ÑÓ  ÓÝ  Ý($$””ò òÚ  Ú1Ú  Úó óX[Z&OLE 2.0 Box <=8ÿÿÿÿÿÿÿÿÿÿCÿÿ HKKKKÝ ƒ£ª!ÝÑ€.ÑÑ8€ ”»»ddÈ8ÑÑ ý ÑÓ  ÓÝ  ÝÔ_ÔÔ€¼ ”»»»ÔÑ  ÑÑ8€¹ûXXdð»»d8Ñà@ü ü ìàÔ‡îëß ”ÔIN€THE€COURT€OF€APPEALS€OF€TENNESSEEˆÐ ° Ðà@kk$ìàAT€NASHVILLEÔ#†¼ ”»îîëß#ԈРÜ, Ðà@ff!ìàApril€1998€SessionˆÐ X ÐÔ‡X¹ûX»¼ ”ÔÌò òÔ#†¼ ”»XX¹ûê#ÔÓ  ÓCLAUDIA€Ô_ÔHIBBETT€BEECHòòóó€v.€PATRICIA€HIBBETTòòóóó óÐ  ` ÐÓ0ÓÌÔ€X¹ûX»¼ ”Ôà@¯ ¯ ìàò ò€Appeal€from€the€Chancery€Court€for€Davidson€CountyˆÐ @  Ðà@, , ìàNo.€97„2607„II€€€€€€Carol€L.€McCoy,€ChancellorˆÐ 0 € ÐÌÌà@ìì*ìàßA€V) °°` d€÷E<ÿ` A߈Ð P  ÐÌà@@ @ ìàNo.€M1997„00239„Ô_ÔCOAÔ_Ô„R3„CV€„€Filed€July€19,€Ô_Ô2000Ô_ԈРÿO  ÐÌßA€V) °°` dE<Þ` AßÐ ß/  Ðó óÌThis€appeal€involves€a€dispute€over€the€proceeds€from€the€Department€of€TransportationððsÐ Þ. Ðcondemnation€of€a€portion€of€a€tract€of€real€property€on€Harding€Road€in€Davidson€County.€€WhenÐ Î Ðthe€condemnation€took€place,€a€life€tenant€was€occupying€the€property€with€a€vested€remainderÐ ¾ Ðinterest€being€held€by€the€life€tenantððs€stepdaughter.€€Following€a€disagreement€over€who€shouldÐ ®þ Ðreceive€the€condemnation€proceeds,€the€life€tenantððs€stepdaughter€filed€suit€in€the€Chancery€CourtÐ žî Ðfor€Davidson€County.€€After€the€State€paid€the€proceeds€into€court,€the€trial€court€awarded€theÐ ŽÞ Ðproceeds€to€the€stepdaughter€on€the€condition€that€she€invest€them€and€share€the€investment€incomeÐ ~Î Ðequally€with€her€stepmother€for€the€duration€of€the€life€tenancy.€€The€life€tenant€has€appealed.€€WeÐ n¾ Ðhave€determined€that€the€trial€court€erred€by€awarding€the€condemnation€proceeds€to€the€life€tenantððsÐ ^® Ðstepdaughter€and,€therefore,€reverse€the€judgment.€Ð Nž ÐÌò òÓ  ÓTenn.€R.€App.€P.€3€Appeal€as€of€Right;€Judgment€of€the€Chancery€Court€Reversed€€andÐ .~ ÐRemanded€ó óÐ n ÐÓP ÓÌòòWilliam€C.€Koch,€Jr.,óó€J.,€delivered€the€opinion€of€the€court,€in€which€òòHenry€F.€Todd,€P.J.,€M.S.,óóÐ þN Ðand€òòBen€H.€Cantrell,€J.óó,€joined.Ð î > ÐÌJames€C.€Ô_ÔHofstetterÔ_Ô,€Nashville,€Tennessee,€for€the€appellant,€Patricia€Hibbett.Ð Î"! ÐÌRobert€L.€Hudson,€Nashville,€Tennessee,€for€the€appellee,€Claudia€Hibbett€Beech.Ð ®$þ# ÐÌÌà@&ìàò ò€OPINIONó óˆÐ ~'Î"& ÐÌà  àThomas€Hibbett€owned€a€tract€of€real€property€at€711€Harding€Road€in€Nashville.€InÐ ^)®$( ÐNovember€1988,€he€prepared€a€will€devising€the€property€to€his€adult€daughter,€Claudia€HibbettÐ N*ž%) ÐBeech,€subject€to€the€determinable€life€estate€of€his€surviving€wife,€Patricia€Hibbett.€€Mr.€HibbettððsÐ >+Ž&* Ðwill€stated:Ð .,~'+ ÐÐ -n(,ý' ЇÌà8  àà8` Ð Ð àà ¸ àI€give,€devise€and€bequeath€my€house€and€furnishingsÐ  ð Ðcontained€therein€to€my€daughter,€Claudia€Hibbett€Beech,€provided,Ð à Ðhowever,€that€I€direct€that€my€wife,€Patricia,€(whom€I€also€call€Pasty),Ð €Ð Ðmay€reside€in€the€house€at€711€Harding€Place,€Nashville,€DavidsonÐ pÀ ÐCounty,€Tennessee,€rent„free€until€her€death€or€her€remarriage,€or€ifÐ ` ° Ðshe€should€vacate€the€premises€as€her€home€for€any€reason€andÐ P   Ðprovided€she€is€not€living€with€a€man€in€an€unmarried€state.€€As€longÐ @  Ðas€my€said€wife€is€living€in€said€home€and€none€of€the€aforesaidÐ 0 € Ðconditions€exist,€she€may€likewise€keep€the€furnishings,€including€theÐ  p  Ð46€inch€television.€€At€the€time€of€Patriciaððs€death,€or€if€she€remarries,Ð `  Ðor€elects€to€live€with€another€man€without€marriage,€or€otherwiseÐ P  Ðvacates€the€premises€as€her€home,€the€title€to€the€house€andÐ ð@  Ðfurnishings€shall€immediately€be€vested€in€my€daughter,€Claudia,€inÐ à0  Ðfee€simple.€€During€her€occupancy€of€the€house,€my€wife€shall€pay€theÐ Ð  Ðproperty€taxes€and€insurance€and€shall€maintain€the€premises.€€MyÐ À Ðwife€may€not€sell€the€house€or€any€part€of€the€furnishings€without€theÐ ° Ðwritten€permission€of€my€daughter,€Claudia.Рð` x` x ÐÌAfter€Mr.€Hibbett€died,€Ms.€Hibbett€continued€to€occupy€the€property€in€accordance€with€the€lifeÐ €Ð Ðestate€her€deceased€husband€had€Ô_ÔdevisedÔ_Ô€to€her.Ð pÀ ÐÌà  àSome€time€after€Mr.€Hibbettððs€death,€the€Tennessee€Department€of€TransportationÐ P  Ðcondemned€a€portion€of€the€711€Harding€Road€property.€€While€the€State,€Ms.€Hibbett,€and€Ms.Ð @ ÐBeech€agreed€that€the€value€of€the€property€taken€was€$38,500,€Ms.€Hibbett€and€Ms.€Beech€couldÐ 0€ Ðnot€agree€on€how€the€condemnation€proceeds€should€be€divided€between€them.€€Accordingly,€Ms.Ð  p ÐBeech€filed€suit€in€August€1997€in€the€Chancery€Court€for€Davidson€County€requesting€the€court€toÐ ` Ðorder€the€State€to€pay€the€proceeds€into€court€and€to€then€declare€hers€and€her€stepmotherððs€rightsÐ P Ðto€the€proceeds.€€The€trial€court€dismissed€the€State€as€a€party€after€it€paid€the€proceeds€into€court.€Ð ð@ ЀÌÌà  àOnce€the€funds€were€in€court,€Ms.€Hibbett€answered€her€stepdaughterððs€complaint€and€movedÐ À! Ðfor€judgment€on€the€pleadings€on€grounds€that€the€case€involved€only€a€question€of€law.€€Ms.€Beech,Ð °"  Ðin€response,€agreed€that€the€case€could€be€decided€on€the€pleadings,€although€she€contended€for€aÐ  #ð! Ðresult€under€the€law€different€from€that€urged€by€her€stepmother.€€In€October€1997,€the€trial€courtÐ $à" Ðentered€an€order€awarding€the€condemnation€proceeds€to€Ms.€Beech€on€the€condition€that€she€investÐ €%Ð # Ðthem€and€divide€the€investment€income€equally€with€Ms.€Hibbett€for€the€duration€of€Ms.€HibbettððsÐ p&À!$ Ðlife€estate.€€Ms.€Hibbett€has€appealed.Ð `'°"% ÐÌÌÌÌÐ ,`'* Ðà@¬¬)ìàòòò òI.ó óóóˆÐ ° ÐÌà  àThe€primary€issue€presented€by€this€appeal€concerns€the€proper€method€for€dividing€theÐ à Ðproceeds€from€the€condemnation€of€a€tract€of€real€property€between€the€life€tenant׃×Ý ƒ#ÃÝòòÚ  Ú1Ú  ÚóóÝ  Ý×  ×€in€possession€ofÐ €Ð Ðthe€property€and€the€holder€of€the€remainder€interest.׃°×Ý ƒ#ÃÝòòÚ  Ú2Ú  ÚóóÝ  Ý×  ×€€Because€this€is€a€question€of€law,€we€reviewÐ pÀ Ðthe€trial€courtððs€decision€de€novo€without€presuming€that€the€trial€courtððs€decision€was€correct.€€òòSeeóóÐ ` ° ÐòòIn€re€Jenkinsóó,€8€S.W.3d€277,€279€(Tenn.€Ct.€App.€1999).Ð P   ÐÌà  àWhen€the€State€takes€private€property€by€eminent€domain,€it€must€pay€compensation€to€theÐ 0 € Ðpropertyððs€owners€at€the€time€of€taking.€€òòSeeóó€Tenn.€Const.€art.€1,€ðð€21;€òòFederal€Land€Bank€v.€MonroeÐ  p  ÐCountyóó,€165€Tenn.€364,€367,€54€S.W.2d€716,€717€(1932).€€The€term€ð ðowner,ðð€as€used€in€theÐ `  Ðcondemnation€context,€Ð P  ÐÌà8  àà8` Ð Ð à.€.€.€is€not€to€be€taken€in€any€restricted€sense.€€The€ownership€of€theÐ à0  Ðestate,€so€to€speak,€may€be€severed.€€A€life€interest,€or€a€term€of€years,Ð Ð  Ðmay€be€carved€out€of€the€fee.€€And€in€such€case€the€tenant€for€life€orÐ À Ðlessee,€as€well€as€the€remainderman€or€lessor€.€.€.€are€entitled€toÐ ° Ðrecover€compensation€for€the€damage€or€injury€by€them€respectivelyÐ  ð Ðsustained.Ðà` x` x ÐÌòòColcough€v.€Nashville€&€Northwestern€R.R.óó,€39€Tenn.€(2€Head)€171,€176€(1858).€€Ð pÀ ÐÌà  àWhen€private€property€is€taken€under€eminent€domain,€the€compensation€award€is€substitutedÐ P  Ðfor€the€realty€and€is€subject€to€division€according€to€the€same€interests.€€òòSeeóó€òòMoulton€v.€Georgeóó,€208Ð @ ÐTenn.€586,€590,€348€S.W.2d€129,€130€(1961);€òòaccordóó€òòUnited€States€v.€2979.72€Acres€of€Landóó,€235Ð 0€ ÐF.2d€327,€329€(4th€Cir.€1956);€òòÔ_ÔBrughÔ_Ô€v.€Whiteóó,€103€So.2d€800,€808€(Ala.€1957);€òòMiller€v.€City€ofÐ  p ÐAshevilleóó,€16€S.E.€762,€764€(N.C.€1893);€òòsee€also€generallyóó€òòGallatin€Housing€Auth.€v.€Chambersóó,Ð ` Ð50€Tenn.€App.€441,€452,€362€S.W.2d€270,€275„76€(1962)€(indicating€that€a€condemnation€awardÐ P Ðmust€be€apportioned€between€the€reversioner€and€lessee€of€condemned€property€ð ðaccording€to€theirÐ ð@ Ðrespective€interestsðð).€Ð à0 ÐÐ Ð  Ðà  àTaking€of€the€fee€in€realty€by€eminent€domain€ordinarily€takes€all€the€related€propertyÐ ° Ðinterests,€and€following€the€taking€those€interests€cease€to€exist.€€òòSeeóó€òòHoldridge€v.€United€Statesóó,€282Ð  ð ÐF.2d€302,€307€(8th€Cir.€1960);€òòCity€of€Alameda€v.€Todd€Shipyards€Corp.óó,€635€F.€Supp.€1447,€1450Ð à Ð(N.D.€Cal.€1986);€òòSchoellkopf€v.€United€Statesóó,€11€Cl.€Ct.€447,€450€(1987);€òòPatrick€v.€MississippiÐ €Ð ÐState€Highway€Commððnóó,€184€So.€2d€850,€853€(Miss.€1966);€òòcf.óó€òòHamberger€v.€Hottingeróó,€180€N.Y.S.Ð pÀ Ð2d€197,€201„02€(Sup.€Ct.€1958)€(resting€its€like€holding€on€New€York€statutory€law).€€For€that€reason,Ð ` ° Ðit€is€incorrect€to€say,€for€example,€that€a€partyððs€life€estate€continues€in€the€proceeds€following€aÐ P   Ðcondemnation.€€òòSeeóó€òòIn€re€Giacomelosðð€Estateóó,€13€Cal.€Rptr.€245,€246€(Dist.€Ct.€App.€1961).€€Rather,Ð @  Ðthe€owners€of€interests€in€the€condemned€property€are€entitled€to€share€ratably€in€the€condemnationÐ 0 € Ðproceeds€to€reimburse€them€for€the€value€of€their€interests€in€the€taken€real€property.€€òòSeeóó€òòUnitedÐ  p  ÐStates€v.€2979.72€Acres€of€Landóó,€235€F.€2d€at€329.Ð `  ÐÌà  àWhere€the€ownership€of€condemned€realty€is€divided€between€a€life€tenant€and€one€holdingÐ ð@  Ða€vested€remainder,€the€condemnation€award€should€not€be€merely€divided€between€the€owners€andÐ à0  Ðpaid€out.€€Instead,€the€entire€amount€of€the€award€should€be€made€available€to€the€life€tenant€onÐ Ð  Ðspecific€condition€that€he€or€she€invest€it€whole.€€The€life€tenant€is€thereafter€solely€entitled€to€all€theÐ À Ðresulting€investment€income€from€the€award€until€the€life€estate€ends€naturally€or€determines€onÐ ° Ðcondition,€òòseeóó€òòWooten€v.€Houseóó,€36€S.W.€932,€935€(Tenn.€Ch.€App.€1895),€after€which€the€fullÐ  ð Ðamount€of€the€original€award€must€be€distributed€to€the€holder€of€the€remainder€interest.€€òòSeeóó€òòUnitedÐ à ÐStates€v.€403.15€Acres€of€Landóó,€316€F.€Supp.€655,€658€(M.D.€Tenn.€1970);€òòRedevelopment€CommððnÐ €Ð Ðof€Greenville€v.€Capehartóó,€150€S.E.2d€62,€65€(N.C.€1966).Ð pÀ ÐÌà  àBy€allocating€the€rights€to€condemnation€proceeds€in€this€way,€the€law€attempts€to€achieveÐ P  Ðsome€consistency€between€the€way€it€treats€the€holders€of€property€interests€before€and€after€theirÐ @ Ðrealty€is,€against€their€volition,€changed€into€personalty.€€€The€post„condemnation€rights,€therefore,Ð 0€ Ðapproximate€the€rights€in€the€land.€€€Some€authorities€note,€with€regard€to€land,€that€a€life€tenant€isÐ  p Ðentitled€to€ð ðuseðð€of€the€property€during€the€term€of€the€life€estate,€òòseeóó,€òòe.g.óó,€òòForsey€v.€Lutonóó,€39€Tenn.Ð ` Ð(2€Head)€183,€186€(1858);€Restatement€of€Property€ðð€148€cmt.€a€(1936).€€The€more€detailed€casesÐ P Ðmake€clear,€however,€that€in€ð ðusingðð€the€real€property,€the€life€tenant€may€not€ð ðencroach€upon€theÐ ð@ Ðcorpus.ðð׃×Ý ƒ#ÃÝòòÚ  Ú3Ú  ÚóóÝ  Ý×  ×€€òòWooten€v.€Houseóó,€36€S.W.€at€935;€òòsee€alsoóó€òòPritchett€v.€Nashville€Trust€Co.óó,€96€Tenn.€472,Ð à0 Ð477,€36€S.W.€1064,€1065€(1896).Ð Ð  ÐÌà  àWhen€real€property€is€replaced€by€personalty€ð!ð€especially€in€cases€where€the€personalty€isÐ °"  Ðliquid,€as€with€bonds,€capital€stock,€or,€as€in€this€case,€money€ð!ð€the€life€tenantððs€right€to€ð ðuseðð€of€theÐ  #ð! Ðproperty€amounts€to€a€right€to€receive€the€income€the€personalty€produces.€€òòSeeóó€òòIn€re€Turneróó,€101Ð $à" ÐTenn.€701,€703„04,€50€S.W.€757,€758€(1899);€òòPritchett€v.€Nashville€Trust€Co.óó,€96€Tenn.€at€477,€36Ð €%Ð # ÐS.W.€at€1065.€€The€life€tenant€cannot€ð ðuseðð€the€condemnation€proceeds€in€the€everyday€sense€of€thatÐ p&À!$ Ðword;€that€is,€he€or€she€cannot€take€the€money€and€spend€it.€€This€limitation€on€the€life€tenant€isÐ `'°"% Ðanalogous€to€the€rule€that€a€life€tenant€cannot€convey€or€waste€real€property€against€the€ultimateÐ P( #& Ðinterests€of€remaindermen.€€òòSeeóó€òòMcConnell€v.€Bellóó,€121€Tenn.€198,€210„11,€114€S.W.€203,€206Ð ° Ð(1908)€(involving€attempted€conveyance);€òòBarber€v.€Westmorelandóó,€601€S.W.2d€712,€716€(Tenn.€Ct.Ð  ð ÐApp.€1980)€(regarding€waste).Ð à ÐÌà  àIn€summary,€where€a€condemnation€award€is€substituted€for€real€property€that€was€subjectÐ pÀ Ðto€a€life€estate€with€a€vested€remainder,€the€life€tenant€is€entitled€to€have€and€to€invest€the€awardÐ ` ° Ðproceeds€and€to€receive€the€investment€income€during€the€period€of€the€life€tenancy.€€The€holder€ofÐ P   Ðthe€remainder€interest,€while€not€entitled€to€share€in€the€income€during€the€life€tenancy,€is€entitledÐ @  Ðto€the€undiminished€corpus€thereafter.€€That€being€the€correct€rule,€the€trial€court€erred€by€orderingÐ 0 € Ðthat€the€condemnation€award€be€paid€to€Ms.€Beech€with€the€investment€income€from€that€award€toÐ  p  Ðbe€divided€equally€between€the€Ms.€Beech€and€Ms.€Hibbett.€€The€condemnation€proceeds€shouldÐ `  Ðhave€been€paid€over€to€Ms.€Hibbett,€and€Ms.€Hibbett€should€have€been€awarded€all€the€investmentÐ P  Ðincome€from€these€proceeds€as€long€as€she€is€a€life€tenant.€€Ô_ÔThat€outcome€accords€Ô_Ôwith€the€law€andÐ ð@  Ðeffects€best€Mr.€Hibbettððs€testamentary€intentions.Ð à0  ÐÌà@……)ìàò òII.ó óˆÐ À ÐÌà  àMs.€Hibbett€also€takes€issue€with€the€trial€courtððs€method€for€dealing€with€disputes€regardingÐ  ð Ðthe€investment€of€the€funds.€€The€trial€court€had€envisioned€that€the€parties€would€agree€on€how€theÐ à Ðcondemnation€proceeds€would€be€invested€and€that,€if€they€could€not€agree,€Ms.€Beech€would€haveÐ €Ð Ðthe€final€investment€authority.€€Ms.€Hibbett€asserts€that€the€trial€court€should€either€have€appointedÐ pÀ Ða€trustee€to€invest€the€proceeds€or,€alternatively,€that€the€court€should€have€made€the€investmentÐ `° Ðdecision€itself.€€We€reject€Ms.€Hibbettððs€argument€that€the€trial€court€should€have€selected€one€orÐ P  Ðmore€investments€for€the€condemnation€proceeds.Ð @ ÐÌà  àWhile€Tenn.€R.€Civ.€P.€67€allows€courts€to€accept€funds€ð ðto€abide€the€result€of€any€legalÐ  p Ðproceeding,ðð€we€are€unaware€of€any€power€traditionally€possessed€by€trial€courts€that€permits€themÐ ` Ðto€act€as€investment€managers€for€funds€after€the€ownership€and€control€of€the€funds€has€been€fullyÐ P Ðadjudicated.€€Such€an€open„ended,€unstructured€role€for€courts€would€be€fraught€with€untowardÐ ð@ Ðproblems€and€would€enmesh€courts€in€areas€far€outside€their€traditional€areas€of€competency.€Ð à0 ÐAccordingly,€we€find€that€the€trial€court€properly€declined€to€take€responsibility€for€investing€theÐ Ð  Ðcondemnation€proceeds€in€this€case€after€determining€the€partiesðð€respective€rights€to€those€proceeds.€Ð À! ÐÌà  àLikewise,€the€trial€court€did€not€err€by€declining€to€appoint€a€trustee€to€manage€theÐ  #ð! Ðcondemnation€proceeds.€€By€law,€these€funds€are€to€be€turned€over€to€the€life€tenant.€€We€note€thatÐ $à" Ðwhile€Ms.€Hibbett€is€not€literally€a€trustee€for€the€funds,€she€must€act€responsibly€toward€the€corpusÐ €%Ð # Ðand€not€diminish€it.€€She€is€legally€charged€to€deliver€it€intact€at€her€tenancyððs€end€to€the€holder€ofÐ p&À!$ Ðthe€remainder€interest.€€Should€she€not€do€so,€she€or€her€estate,€whichever€the€case€may€be,€wouldÐ `'°"% Ðhave€to€answer.€€òòSee€generallyóó€òòForsey€v.€Lutonóó,€39€Tenn.€(2€Head)€at€186.Ð P( #& ÐÌÌâ âÐ  +p&) Ðà  àThe€record€before€us€does€not€indicate€the€current€posture€of€the€condemnation€proceeds.€Ð ° Ðâ âIn€the€absence€of€a€stay,€we€presume€either€that€the€parties€have€agreed€upon€an€investment€or,€moreÐ  ð Ðlikely,€that€Ms.€Beech€has€invested€the€proceeds.׃×Ý ƒ#ÃÝòòÚ  Ú4Ú  ÚóóÝ  Ý×  ×€€We€also€presume€that€Ms.€Beech,€acting€in€herÐ à Ðown€self„interest,€has€attempted€to€maximize€the€return€on€the€investment€thereby€benefitting€notÐ €Ð Ðonly€her€stepmother€but€also€herself.€€Notwithstanding€the€propriety€of€Ms.€Beechððs€investmentÐ pÀ Ðdecisions€up€to€this€point,€Ms.€Hibbett€is€now€free€to€change€the€investments€made€by€Ms.€Beech€andÐ ` ° Ðis€not€required€to€seek€Ms.€Beechððs€assent.Ð P   ÐÌà@^^(ìàò òIII.ó óˆÐ 0 € ÐÌà  àWe€reverse€the€judgment€and€remand€the€case€with€directions€that€the€trial€court€enter€aÐ `  Ðjudgment€directing€that€the€condemnation€proceeds€be€paid€over€to€Ms.€Hibbett.€€In€addition,€weÐ P  Ðdirect€the€trial€court€(1)€to€require€Ms.€Beech€to€make€an€accounting€of€all€the€investment€incomeÐ ð@  Ðearned€from€the€time€of€the€proceeds€deposited€with€the€court€in€1997€to€the€date€of€the€issuance€ofÐ à0  Ðthis€courtððs€mandate€and€(2)€to€require€Ms.€Beech€to€pay€over€to€Ms.€Hibbett€an€amount€equal€to€theÐ Ð  Ðamount€of€investment€proceeds€Ms.€Beech€has€received€directly€or€indirectly.€€We€also€tax€the€costsÐ À Ðof€this€appeal€to€Claudia€Hibbett€Beech€for€which€execution,€if€necessary,€may€issue.Ð ° ÐÌÌà  àà ` àà ¸ àà  àà h àà À àà  à____________________________Ð €Ð Ðà  àà ` àà ¸ àà  àà h àà À àà  àWILLIAM€C.€KOCH,€JR.,€JUDGE