Wierman Trust

SWOPE, P.J.,

The matter presently for determination is whether a testamentary trust created by Thomas T. Wierman for the benefit of several named associations and churches should be reformed as prayed for by the trustee. The motivation behind the trustee’s petition is the avoidance of a four percent excise tax on the net investment income of the trust to which the trust may be hable pursuant to section 4940(a) of the Internal Revenue Code of August 16, 1954, as amended, 26 U.S.C. §4940, and the avoidance of possible invasion of trust corpus by virtue of section 4942 of the Internal Revenue…