Rambo's Estate

Citations

• 266 Pa. 520
• 109 A. 671
• 1920 Pa. LEXIS 601

Syllabus

<p>Taxation — Direct inheritance tax — Will—Direction to sell real estate — Beal estate in other states — Conversion.</p> <p>Where testatrix gives her entire estate, real and personal, wherever situated, to her five children, and directs that the share of one of her daughters shall be held in trust by a named trustee, to be by him invested “in safe legal securities,” the income derived therefrom to be paid to the daughter, and further positively directs her executors to sell all of her real estate at public or private sale, the manifest intention of the testatrix is that her whole estate ^hall be distributed as money, and her will works an equitable conversion of real estate situated in other states, so as to make such real estate liable for the direct inheritance tax under the Pennsylvania law.</p>