Siegwarth's Estate

Citations

• 226 Pa. 591
• 75 A. 842
• 1910 Pa. LEXIS 824

Syllabus

<p>Trusts and trustees — Spendthrift trust — Assignment by cestui que trust.</p> <p>Where testatrix gives a share of her estate to her executor to pay the income therefrom to her son, “but no part of the principal of said estate is to be given to my said son for five years after my death, and then only when in the judgment of my executor” he shall prove himself “to be entirely competent and qualified to take proper care of same,” the son cannot assign or sell such share within five years from the death of the testatrix, and if he attempts to do so, his assignee or vendee takes no valid title.</p>