Where no time has been fixed for the payment of a general legacy, interest begins to run from expiration of one year from the testator's death. Exception.-
(1) Where the legacy is bequeathed in satisfaction of a debt, interest runs from the death of the testator.
(2) Where the testator was a parent or a more remote ancestor of the legatee, or has put himself in the place of a parent of the legatee, the legacy shall bear interest from the death of the testator.
(3) Where a sum is bequeathed to a minor with a direction to pay for his maintenance out of it, interest is payable from the death of the testator.
Legal Commentary & Landmark Judgments: Section 351
Section 351 establishes the statutory rule governing interest on general pecuniary legacies where no specific time for payment is appointed by the testator, directing that interest runs from the expiration of one year from death.
In suits for recovery of general pecuniary legacies, plaintiffs must claim interest at 6% per annum starting exactly 366 days after the date of death under Section 351. Executors cannot plead difficulty in liquidating assets or pending probate as a defense to interest accrual.