Legal Opinion
Estate of Traung
California Supreme Court
Decided November 5, 1947No. S. F. 17220PublishedCited by 15 opinions
1Opinion of the CourtEdmonds, J.
The will of Charles F. Traung established a trust for the purpose of paying “the net income, revenue and profit” of specified property to Mae Percival Traung; his widow, for her life. The remaindermen are his two adopted children. The sale of shares of stock which were a part of the corpus of the trust occasioned the present controversy between the trustees and the life tenant. The trustees credited the proceeds of the sale to the corpus of the trust. Mrs. Traung’s appeal is from an order settling their third account.
Among the property left in trust were 45,342 shares of Traung Investment…
2Cases cited21 opinions
- City of S. Pasadena v. Pasadena Land & Water Co.California Supreme Court · 1908
- Nirdlinger's EstateSupreme Court of Pennsylvania · 1927
- In Re the Final Accounting of KernochanNew York Court of Appeals · 1887
- Smith v. HooperCourt of Appeals of Maryland · 1902
- Guild v. CommissionerUnited States Board of Tax Appeals · 1930
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3Cited by15 opinions
- Heard v. Bank of America National Trust & Savings Ass'nCalifornia Court of Appeal · 1951
- Threadgill v. Prudential Securities Group, Inc.Court of Appeals for the Fifth Circuit · 1998
- In Re the Estate of FeraSupreme Court of New Jersey · 1958
- Estate of TalbotCalifornia Court of Appeal · 1969
- Estate of StarrCalifornia Court of Appeal · 1961
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