Thompson's Estate

Citations

• 262 Pa. 278
• 105 A. 273
• 1918 Pa. LEXIS 639

Syllabus

<p>Decedents’ estates — Stock—Stock dividends — Life tenant and remainderman — Distribution.</p> <p>1. It is immaterial, as between life tenants and remaindermen, what method is adopted for the distribution of profits accruing after the commencement of the trust.</p> <p>2. Additional stock issued by a corporation belongs to the life tenants, if it represents such profits.</p> <p>3. A trustee, in dealing with the trust estate, must, if possible, pursue such a course as will prevent one party in interest from being benefited at the expense of another.</p>