Estate of Ingram v. Ingalls

The opinion of the court was delivered by

Harman, C.:

This is a proceeding originating in probate court to determine ownership of 2400 shares of mutual fund stock purchased by Pearl Ingram. The principal question is whether the stock became an asset of her estate at her death, which issue turns upon the effect to be given a declaration of trust executed by Pearl in her lifetime.

The contest is between the administratrix of the estate of a predeceased son of Pearl Ingram and Pearl’s daughter, who is now Frances Ingalls, formerly Frances Gamer, named as a residuary legatee in Pearl’s will. Trial…