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McFarland's Estate

Citations

  • 16 Pa. Super. 152
  • 1901 Pa. Super. LEXIS 32

Syllabus

<p>Assignment for creditors — Reservation of exemption — Setting aside exempt properly.</p> <p>An assignor for the benefit of creditors who reserves to himself the benefit of the exemption laws, must indicate in some unequivocal manner that he elects to retain the property which he has selected for exemption, or to have set apart to him the proceeds thereof. If he has an appraisement of personal property made, and a note and a judgment are not included in this appraisement, he cannot thereafter transfer any title to such note or judgment to another person.</p>

Judges: Beaver, Orlady, Porter, Rice

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.