Walters's Estate

Citations

• 223 Pa. 598
• 72 A. 1062
• 1909 Pa. LEXIS 586

Syllabus

<p>Trust and trustees — Accumulations—Will—Act of April 18, 1853, P. L. 503.</p> <p>Where a testator by his will creates a spendthrift trust in favor of his son, and directs the trustee, at the trustee's discretion, either to pay the income to the son personally, or to use the same for his support and maintenance in such way as the trustee may deem proper during all the term of his life with ultimate remainder over to testator's next of kin, if the son should die without leaving children or their issue, and the son dies intestate and without leaving issue, and at his death there is a large amount of accumulations and income in the hands of the trustee, such accumulations are not to be added to the corpus of the estate so as to be distributed to the next of ldn of the testator, but they go to the son's administrator.</p>