Nolan's Trust Estate

Citations

• 251 Pa. 309
• 96 A. 714
• 1916 Pa. LEXIS 465

Syllabus

<p>Decedents’ estates — Executors and administrators — Payments to executors — Discharge of debtor.</p> <p>1. A bona fide payment to an executor to whom letters testamentary have been regularly issued by an authority having jurisdiction to grant the same is a legal discharge of the debtor; it is not material that the validity of the will has been contested, and that the period for taking an appeal from a decree admitting the will to probate has not expired.</p> <p>Wills — Powers—Trust settlement — Property passing by general devise.</p> <p>2. Where the owner of certain personal property consisting of cash and securities gave the same in trust for the use of the settlor for life with power of appointment by will and thereafter by will disposed of all his estate, and upon his death it appeared that he was possessed of practically no property other than that which he had given in trust, such property passed under the will.</p>