Legal Opinion

Fownes Trust

Supreme Court of Pennsylvania

Decided May 24, 1966No. Appeal, No. 87PublishedCited by 20 opinions

1Opinion of the Court

Opinion by

Mb. Chief Justice Bell,

The question involved is this:

Is the adopted son of one of the children of the life tenant entitled to a share of income under this inter vivos trust?

The Orphans’ Court* held that the adopted son of Settlor’s deceased grandson was not “issue” within the meaning of the trust and hence was not entitled to any income thereunder.

On December 7, 1933, Henry C. Fownes, as SettlorGrantor, and his two sons as Trustees, executed an irrevocable deed of trust. The trust was composed of stocks and bonds** which the Settlor owned and trans*478ferred to the Trustees. In the…

2Cases cited5 opinions

  1. Collins EstateSupreme Court of Pennsylvania · 1958
  2. Holton EstateSupreme Court of Pennsylvania · 1960
  3. Howlett EstateSupreme Court of Pennsylvania · 1951
  4. Storb AppealSupreme Court of Pennsylvania · 1960
  5. Tower EstateSupreme Court of Pennsylvania · 1963

3Cited by20 opinions

  1. Tafel EstateSupreme Court of Pennsylvania · 1972
  2. Estate of SykesSupreme Court of Pennsylvania · 1978
  3. Farmers Trust Co. v. BashoreSupreme Court of Pennsylvania · 1982
  4. Benedum EstateSupreme Court of Pennsylvania · 1967
  5. Chambers EstateSupreme Court of Pennsylvania · 1970

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