Sloan's Estate
Supreme Court of Pennsylvania
Sloan's Estate, 258 Pa. 368 (Pa. 1917)
102 A. 31; 1917 Pa. LEXIS 852
Bbown, Frazer, Mestrezat, Stewart, Walling
Sloan's Estate
Opinion of the Court
Smith’s Est., 140 Pa. 344, and Stokes’ Est. (No. 1), 240 Pa. 277, are conclusive of the correctness of the decree of the court below, and it is accordingly affirmed, at appellant’s costs,
Reference
- Cited By
- 4 cases
- Status
- Published
- Syllabus
- Decedents’ estates—Wills—Corporation stoch—Surplus profits— Dividends—Dispute between life-tenant and remainderman. When the stock of a corporation is bequeathed in trust for the use of a beneficiary for life with remainder over, surplus profits accumulated during the testator’s life, but not divided until after his death, belong to the corpus of his estate, while dividends of earnings made after his death, whether in cash, script or stock, are income and are payable to the life-tenant.