Shein Estate

32 Pa. D. & C.2d 416, 1964 Pa. Dist. & Cnty. Dec. LEXIS 268
CourtPennsylvania Orphans' Court, Philadelphia County
DecidedMarch 6, 1964
Docketno. 1136 of 1963
StatusPublished

This text of 32 Pa. D. & C.2d 416 (Shein Estate) is published on Counsel Stack Legal Research, covering Pennsylvania Orphans' Court, Philadelphia County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Shein Estate, 32 Pa. D. & C.2d 416, 1964 Pa. Dist. & Cnty. Dec. LEXIS 268 (Pa. Super. Ct. 1964).

Opinion

Saylor, J.,

— The widow and three children of decedent have petitioned the court to remove decedent’s brother, Phillip Shein, as a coexecutor and cotrustee on the ground of conflict of interest. The other executor is Joseph D. Shein, a son of decedent. Phillip Shein has filed his answer, and the court has heard argument on petition and answer.

Decedent, Howard M. Shein, along with four of his brothers, was a member of a partnership that was, and is now, an interstate carrier having assets and offices in several States. In his will, decedent referred to a partnership agreement made April 16,1961, and stated that, thereunder, “The One Hundred Fifty Thousand ($150,000.00) Dollars life insurance which the partnership, which is known as Shein’s Express, had placed on my life and which was payable to the partnership on my death would be paid by the partnership to my estate in full payment of” decedent’s share in the partnership, and various other interests therein, and in two corporations and in certain trusts all specifically named.

By his will, decedent named as executors and trustees his son Joseph and his brother Phillip, with provision [418]*418for succession by a son-in-law, Dr. Maurie Pressman for Joseph and, in turn, his brothers Jules and Samuel, also partners, for Phillip. The will was probated February 28, 1962, and letters testamentary were granted to Joseph and Phillip.

Phillip Stein, a resident of New Jersey, and Herman, Jules Y. and Samuel Shein are the surviving partners of Shein’s Express. The amounts claimed by the estate are: (a) All moneys to be received by way of insurance under the accidental death provision of a life insurance policy; (b) interest, return premiums, dividends and other amounts paid to the partnership by the insurance companies over and above the face amount of insurance policies ($150,000) that were issued on the life of decedent; and (c) an income tax refund on a claim filed by decedent.

A dispute has arisen between decedent’s widow and children, including Joseph, on the one hand, and the partnership, including Phillip, on the other hand, concerning the amount due the estate by the latter. The sum of $150,000 was paid to the estate for decedent’s share in the partnership, whereupon the executors executed a release reserving, however, right, title and interest in the proceeds of accidental death benefits in a certain insurance policy, payment of which, though sought by the partnership, has been refused by the insurer. The insurance company’s offer in compromise to pay the partnership $25,000, which is claimed by and acceptable to the partnership, is deemed by the estate to be insufficient and should be refused. The income tax refund received by the partnership on a claim filed by decedent is claimed by the estate although the tax was paid by the partnership.

These matters are set forth in the petition and answer before us which include, as exhibits, a complaint and answer filed in an equity proceeding instituted in the Superior Court of New Jersey, Chancery Division, [419]*419against the executors, including Phillip. He alone filed an answer to the complaint. His coexecutor Joseph takes the position that the New Jersey court has no jurisdiction over the estate and that he, as an executor, has not been properly served.

In paragraph 3 of the complaint, Phillip, as one of the members of the partnership and, as such a plaintiff, avers that “the partners agreed to pay to the Estate of the deceased partner the sum of $150,000 as and for the purchase price of the decedent’s interest in the partnership and all other interests of the decedent.” In the answer filed by Phillip, designated as “executor” not as “co-executor”, he admits the averments and adds “except that the agreement referred to therein additionally provides that the full proceeds of any life insurance policies on the life of a deceased partner shall be paid for the decedent’s interest in the partnership.”

Likewise, in paragraph 10 of the complaint, Phillip avers that the claims of the estate are contrary to the terms of the partnership agreements. In his answer, Phillip denies that the estate’s demands are contrary to such terms.

In paragraph 8 of the complaint, Phillip avers that the partners and the insurance company have compromised the claim under the double indemnity clause of the policy. In his answer, Phillip neither admits nor denies that averment, and says “plaintiffs (including himself, of course) are put to their proof with respect to such paragraph.”

Moreover, in a “counterclaim” in the New Jersey action, Phillip, as executor, denies that the partners “may discharge their obligations to the Estate of Howard M. Shein by the payment of the sum of $150,000.” Furthermore, he asserts: (1) That the partners never accounted to the estate with respect to the proceeds of the life insurance policies collected by them following decedent’s accidental death; (2) that the estate is en[420]*420titled to receive any Federal tax refunds for overpayment of taxes by Howard M. Shein, irrespective of the fact that plaintiffs may have paid such taxes; and (3) that the partners have no right to settle the insurance claims resulting from the double indemnity provision since the policy proceeds belong to the estate which has the real interest in any settlement.

And finally, in the New Jersey action, Phillip as “executor” demands judgment against himself and his three partners whereby the New Jersey court shall construe the terms of the partnership agreements as the estate requests.

The pleadings referred to are incorporated in the petition and answer filed in the proceeding and the undenied averments therein contained are accepted as facts in this case. Supplemental facts are averred in the petition filed in this court. Inter alia, it is there averred that the claims under the insurance policies approximate $229,000, although the policies have a face value of only $150,000. This is not denied in respondent’s answer. Nor is the averment that the tax refund amounts to $1,132.04 denied.

In paragraph 12 of the petition, it is further averred that Joseph was induced by Phillip to execute releases in the amount of $150,000 with regard to the insurance policies when he knew there were certain dividends payable thereunder which would increase the amount payable to a sum approximately $179,000. In his answer, Phillip denies that he induced such execution. He does not deny knowledge of the dividends payable as averred.

Charged in the petition, paragraph 14, that at all times he has taken a position against the estate of which he is a coexecutor and in favor of the partnership, Phillip, in his answer, avers that he has taken an active part in the New Jersey litigation on behalf of the estate “in order to present fully the position of the [421]*421estate in all the claims against the partnership”, and refers to his answer and counterclaim filed in that litigation. His averment that he has fully performed all the duties and obligations required of him with respect to his coexecutor does not constitute a denial of petitioners’ averment in paragraph 11 that he has failed to reveal to his coexecutor the sums paid, due or owing under the insurance policies.

With these facts before the court, petitioners pray that Phillip Shein be removed as coexecutor and co-trustee and be restrained from further prosecuting or defending the New Jersey suit and that his brothers Jules and Samuel be barred from succeeding him as coexecutor and cotrustee.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Jacobs v. Rothstein
130 A.2d 384 (Supreme Court of New Jersey, 1957)
Farone v. Habel
123 A.2d 506 (Supreme Court of New Jersey, 1956)
Rafferty Estate
105 A.2d 147 (Supreme Court of Pennsylvania, 1954)
Glessner's Estate
22 A.2d 701 (Supreme Court of Pennsylvania, 1941)
Purman's Estate
5 A.2d 906 (Supreme Court of Pennsylvania, 1939)

Cite This Page — Counsel Stack

Bluebook (online)
32 Pa. D. & C.2d 416, 1964 Pa. Dist. & Cnty. Dec. LEXIS 268, Counsel Stack Legal Research, https://law.counselstack.com/opinion/shein-estate-paorphctphilad-1964.