Maxwell's Estate

Citations

• 67 Pa. Super. 63

Syllabus

<p>Wills — Distribution—Trust and trustees — Estate per autre vie— Income.</p> <p>Where a testatrix bequeaths stock of a corporation to trustees “to keep and to hold for and during the lifetime of my children, and the survivor of them, and to divide equally among my said children share and share alike (the issue ‘of any deceased child to take its parent’s share) all dividends from said stock, and upon the death of my last surviving child to sell my stock in said company, and to divide the proceeds among my grandchildren per stirpes,” each child takes an estate in the income per autre vie, and if a child dies without issue him surviving, his personal representative is entitled to share in the income until the trust expires.</p>