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· 12/10/1919

Mosebach's Estate

Citations

  • 73 Pa. Super. 278
  • 1919 Pa. Super. LEXIS 226

Syllabus

<p>Trusts and trustees — Income of trust fund — Payment of income in bulk — Discretion of trustees.</p> <p>The findings of an auditing judge as to the facts relating to the proper support of a minor will not bé disturbed except for manifest error.</p> <p>While it is the duty of a trustee to study the conditions calling for the expenditure of the trust fund and to acquaint himself with the situation of the cestui que trust, nevertheless where the facts clearly disclose that the income of the beneficiary was paid to his stepmother who used it for his support and, in so doing, exercised a proper care and supervision of the minor, the trustee will not be surcharged with the amount of money so expended.</p>

Judges: Head, Henderson, Keller, Orlady, Porter, Trexler

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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.