Messinger Estate

53 Pa. D. & C.2d 648, 1970 Pa. Dist. & Cnty. Dec. LEXIS 54
CourtPennsylvania Court of Common Pleas, Warren County
DecidedJune 22, 1970
Docketno. 52
StatusPublished

This text of 53 Pa. D. & C.2d 648 (Messinger Estate) is published on Counsel Stack Legal Research, covering Pennsylvania Court of Common Pleas, Warren County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Messinger Estate, 53 Pa. D. & C.2d 648, 1970 Pa. Dist. & Cnty. Dec. LEXIS 54 (Pa. Super. Ct. 1970).

Opinion

WOLFE, P. J.,

Before the court is the petition of the Marine National Bank, Erie, Pa., a trustee under an inter vivos trust, to purchase realty from decedent’s estate. Petitioner is acting in the dual fiduciary capacity as trustee of the inter vivos trust and as executor under the last will and testament of decedent.

In his lifetime, decedent, then a widower, created the trust agreement in question under date of July 22, 1965, providing, inter aha, article 4;

“Upon the death of the settlor, the Trustee shall divide the trust into as many equal shares as the settlor shall have children then living or deceased with issue then living.

“The Trustee shall hold, manage, invest and reinvest said equal shares as separate trusts, and shall distribute the net income (hereinafter called ‘income’) and principal as follows . . .”

The balance of the article provides for the creation of separate trusts for the living children of the settlor and in the event of any of the children predeceasing settlor prior to his death provisions for the continuation of the individual trusts for the issue of any such deceased children per stripes.

Article 6, subsection A, of the trust agreement provides, inter aha:

“In the administration of the trusts herein created, [650]*650the Trustee shall have, in addition to and not m limitation of any authority given to it by law and without the necessity of obtaining the consent of any Court, the following powers:

“To accept in distribution of the settlor’s estate and to retain investments and property which are a part of settlor’s estate, or to purchase them from the settlor’s estate if funds are required to pay debts, taxes and expenses of administration . . (Italics supplied.)

Article 4 of the trust agreement was amended on May 7, 1966, reciting that the settlor had since remarried and had created an antenuptial agreement with his present wife, providing for certain benefits to his said wife upon his prior death. The amended article provides, inter alia:

“Upon the death of the settlor the Trustee shall pay 2/3 of the net income of the trust, with a minimum payment equal to $200.00 a month, and with the power to use principal if necessary, to the wife of the settlor, Virginia Messinger, until her death or remarriage, whichever shall first occur, and in addition the Trustee shall allow the said wife of the settlor the free life use of the settlor’s home until the death of the settlor’s wife, Virginia Messinger, or her remarriage, whichever shall first occur. The remainder of the net income of the trustee during the life of the settlor’s wife or until her remarriage, shall be paid in equal shares to the settlor’s children surviving him.” (Italics supplied.)

The balance of the article provides substantially as in the original agreement concerning creation of separate trusts for settlor’s children or their issue in the event of their prior demise to settlor.

Again, on July 24, 1968, settlor amended article 4 of the trust revoking and rescinding the prior amendment of May 7, 1966, and in lieu thereof amends the [651]*651original trust agreement of July 22, 1965, article 4, which provides, inter alia:

“(A) Upon the death of the settlor, the Trustee shall pay 2/3 of the net income of the trust, with a minimum payment equal to $200.00 a month, and with the power to use all of the income, if necessary, and to use principal, if necessary to make said minimum monthly payment, to the wife of the settlor, Virginia Messinger, until her death or her remarriage, whichever shall first occur, and in addition the Trustee shall allow the wife of the settlor the free use of the settlor’s home until the death of the settlor’s wife, Virginia Messinger, or her remarriage which shall first occur.” (Italics supplied.)

The balance of article 4 provides for any excess of net income from the said trust and the principal therefrom after the remarriage or demise of settlor’s wife to settlor’s two children, namely, Ronald Messinger and Arnold Messinger, or their heirs per stirpes.

Upon hearing of the petition of which the intestate heirs, namely, three children of testator were notified, the testimony reveals that the widow of decedent had not remarried, that the debts and deductions and inheritance taxes of decedent’s estate exceed the assets by approximately $15,294.99. Decedent’s home was appraised by the executor at a value of $28,000.

The scrivener of both the last will and testament and the trust agreement testified that the original trust agreement was amended to provide for settlor’s present wife. It was his opinion that decedent intended to create in his wife something more than a “free life use” in settlor’s home and, therefore, in the last amendment created a “free use” of the home; that settlor intended his widow should have the “free use” of the home together with $200 minimum per month to provide for her living expenses, all major expenses, [652]*652including fire insurance, taxes and those expenses germane thereto, to be provided for her from other funds of the trust.

The last will and testament was executed at the same time the last amendment to the trust was executed and was done, in the scrivener’s opinion, to create a “pour over provision” under paragraph 9 of the will, which provides:

“I give, devise and bequeath all the residue of my estate of whatever nature and wherever situate, unto the Marine National Bank as Trustee under a trust agreement of which I am settlor, dated July 22, 1965, as amended by amendment dated July 24, 1968 for administration and distribution as part of the trust.”

The realty in question, not being specifically devised, would be part of the residuary and by operation of paragraph 9 would now constitute part of the trust assets.

Petitioner now requests the court, in view of the insolvency of the estate in the hands of the executor, to permit the trustee to purchase the home of decedent at the appraised value of $28,000, with trust funds, from the executor so that the latter will have sufficient funds to pay the specific bequests, debts and taxes due from and on the estate. Petitioner likewise requests the court to interpret the meaning of the last four lines of article 4, paragraph A, of the amendment of the trust agreement which reads: “and in addition, the Trustee shall allow the said wife of the settlor the free use of the settlor’s home until the death of the settlor’s wife, Virginia Messinger, or her remarriage, whichever shall first occur” as to whether the said trust provisions merely establishes a traditional ‘life tenant” or whether this provision means that the widow may live in the home free of rent and with taxes, insurance and repairs and major repairs paid out of the trust, including corpus.

[653]*653As to the first request, it is clear that the settlor had such possible exigencies in mind when establishing the trustee’s powers under article 6 in that the trustee was given the specific authority to purchase property from the settlor’s estate if funds are required to pay debts, taxes and expenses of administration.

Even in absence of specific authority, the executor would have the authority and, indeed, the duty to sell assets of the estate in order to pay administration expenses and taxes under the Act of April 18, 1949, P. L. 512 sec.

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Cite This Page — Counsel Stack

Bluebook (online)
53 Pa. D. & C.2d 648, 1970 Pa. Dist. & Cnty. Dec. LEXIS 54, Counsel Stack Legal Research, https://law.counselstack.com/opinion/messinger-estate-pactcomplwarren-1970.