Legal Opinion
Schwartz Estate
Supreme Court of Pennsylvania
Decided March 24, 1952No. Appeal, 44PublishedCited by 11 opinions
1Opinion of the Court
Opinion by
Mr. Justice Allen M. Stearne,
The question involved is whether a “policy loan” upon a life insurance policy is a debt of such a nature as enables the designated beneficiary, upon the insured’s death, to require the loan to be repaid from the insured’s general estate, thus enabling the beneficiary to receive the full insurance proceeds. The court below ruled that it was such a debt and directed its repayment. This appeal followed.
George J. Schwartz, the decedent, was insured by two policies of life insurance, each in the amount of $5,000. In one policy decedent named two of Ms…
2Cases cited14 opinions
- Board of Assessors of the Parish v. New York Life InsuranceSupreme Court of the United States · 1910
- Wagner v. ThieriotAppellate Division of the Supreme Court of the State of New York · 1922
- Wagner v. . ThieriotNew York Court of Appeals · 1923
- Wilson EstateSupreme Court of Pennsylvania · 1950
- Wilson EstateSupreme Court of Pennsylvania · 1949
9 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- United States v. Cornelius W. SullivanCourt of Appeals for the Third Circuit · 1964
- Plastipak Packaging, Inc. v. DePasqualeCourt of Appeals for the Third Circuit · 2003
- Miller EstateSupreme Court of Pennsylvania · 1960
- United States v. SullivanDistrict Court, W.D. Pennsylvania · 1962
- Biron EstatePennsylvania Orphans' Court, Philadelphia County · 1955
6 more not listed; retrieve them via the Exa API.