Trust Under Deed of: Goodwin, J., Appeal of: Nagel

CourtSuperior Court of Pennsylvania
DecidedJune 17, 2021
Docket313 EDA 2020
StatusUnpublished

This text of Trust Under Deed of: Goodwin, J., Appeal of: Nagel (Trust Under Deed of: Goodwin, J., Appeal of: Nagel) is published on Counsel Stack Legal Research, covering Superior Court of Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Trust Under Deed of: Goodwin, J., Appeal of: Nagel, (Pa. Ct. App. 2021).

Opinion

J-A10035-21

NON-PRECEDENTIAL DECISION - SEE SUPERIOR COURT I.O.P. 65.37

TRUST UNDER DEED OF : IN THE SUPERIOR COURT OF JEAN M. GOODWIN, SETTLOR DEED : PENNSYLVANIA DATED FEBRUARY 10, 2000 : : : APPEAL OF: LYNN S. NAGELE, : EXECUTRIX OF THE ESTATE OF : EDWIN J. GOODWIN, DECEASED, : NAMED EXECUTOR OF : No. 313 EDA 2020 JEAN GOODWIN’S ESTATE, AND : SURVIVING CO-TRUSTEE :

Appeal from the Order Entered December 11, 2019 In the Court of Common Pleas of Montgomery County Orphans' Court at No(s): 2016-X3022

BEFORE: PANELLA, P.J., OLSON, J., and COLINS, J.*

MEMORANDUM BY COLINS, J.: FILED JUNE 17, 2021

Appellant, Lynn S. Nagele, appeals from the order entered

December 11, 2019, that: (1) confirmed the accounting of the trust

established under the Deed of Trust of Jean M. Goodwin, Settlor, dated

February 10, 2000 (“the Trust”), subject to certain findings of the trial court;

(2) ordered the filing of a schedule of distribution of funds from the Trust; and

(3) awarded the distribution of payments from the Trust, following

confirmation of the schedule of distribution. We affirm.

The facts and procedural history underlying these appeals are as follows.

Edwin J. Goodwin, Jr. (“Husband”), and Jean M. Goodwin (“Wife”) were

husband and wife. They were the parents of Appellant Lynn S. Nagele

____________________________________________

* Retired Senior Judge assigned to the Superior Court. J-A10035-21

(“Lynn”), Appellee Thomas Goodwin (“Thomas”), and Edwin J. Goodwin III.1

Lynn has a son, Michael Nagele (“Michael”).

Wife died on December 1, 2002, leaving a will2 and the deed of trust.

Both the will and the deed of trust had been drafted by Albert L. Chase,

Esquire, who served as long-term counsel for Husband, Wife, and Lynn.

Attorney Chase took his fees from the Trust’s assets, not from the funds of

Wife’s estate.

The deed of trust provided for the creation of a marital trust (“Paragraph

SECOND”) and a non-marital trust (“Paragraph THIRD”) following Wife’s

death. Trial Court Opinion (“Trial Ct. Op.”), dated December 11, 2019, at 2.

The terms of the marital trust were far less restrictive than those relating to

the non-marital trust. However, in September 2005, when the assets of Wife’s

estate were transferred pursuant to the terms of the residuary clause of her

will, there were insufficient funds3 to establish both kinds of trusts and only

the non-marital trust (“the Trust”) was funded. Husband and Lynn were

named as trustees. The terms of the Trust required that --

1 In this opinion, we refer to the descendants of Husband and Wife by their

first names, in order to avoid confusion, where multiple family members share the same last names. 2 The will was also dated February 10, 2000, and was duly probated by the

Register of Wills of Montgomery County on December 19, 2002. Husband was executor of Wife’s estate. 3 “Because the estate accounting reflects a gross value that was less than the

federal estate tax threshold, the Marital Deduction Trust was never created.” Trial Ct. Op., dated December 11, 2019, at 2.

-2- J-A10035-21

the Trustees shall pay the net income to [Husband] or apply it directly to his benefit . . . In addition, the Trustees may from time to time pay to him or apply directly for his benefit so much of the principal as the Trustees may, in their sole discretion, deem proper for his maintenance and support, after considering all other assets and sources of income available to him[.] . . .

[H]usband shall have the right to withdraw from principal from time to time amounts totaling not more than Five Thousand Dollars ($5,000.00) or Five (5%) percent of principal from the Trust, whichever is greater, in any calendar year, by giving the Trustees notice. The right shall not be cumulative.

Exhibit 8 at 6, THIRD Paragraph, §§ A.-B.

Husband died on July 4, 2015.4 On September 2, 2016, Thomas,

individually and as a remainder beneficiary of the Trust, filed a petition to

compel the filing of an accounting and inventory of the Trust,5 which the trial

court granted on October 4, 2016.

On February 1, 2017, Lynn filed the Trust accounting, which is dated

from September 30, 2005, to January 1, 2017. According to the accounting,

the Trust consists of --

principal receipts of $443,005.94, income of $115,758.59, gains on sales of principal assets of $121,204.00, since reduced by principal disbursements of $78,368.22, income disbursements of $4.00 and distributions to beneficiaries of $0.00 from principal and $115,754.59 from income, leaving a combined balance on hand ____________________________________________

4 Husband died in Bucks County; Lynn is executor of his estate.

5 Thomas contemporaneously filed a petition to compel the filing of an accounting and inventory of Wife’s estate, which the trial court also granted on October 4, 2016. See Montgomery Count Court of Common Pleas Docket Number 2002-X3856. Lynn, in her role of executor of Husband’s estate, prepared the accounting of Husband’s administration of Wife’s estate. The appeal stemming from the accounting of Wife’s estate is Docket Number 310 EDA 2020 and Journal Number J-A10034-21.

-3- J-A10035-21

of $492,116.31 held in stock, bonds, mutual funds and cash[.] ... All parties having or claiming any interest in the estate of whom the accountant has notice are stated to have received written notice of the audits in conformity with the Rules of Court.

All said parties having any interest in this Trust are said to be living, of age, and sui juris . . .

Trial Ct. Op., dated December 11, 2019, at 2-3.

On March 3, 2017, Thomas filed 26 objections to the accounting.6

Thomas’s objections included:

8. Thomas . . . hereby objects to the fees of [Attorney] Chase in the amount of $17,945.00 paid on 9/19/2007 and any other fees.

9. Thomas . . . hereby objects to the fees of [Attorney] Chase in the amount of $3,000.00 paid on 4/23/2014 and any other fees. ... 12. Objection to the vesting or making of notes to family members. . . .

f. [Michael’s] balance due information of $8,520.37 is lacking in specificity in order to permit an accurate review of this amount, what it is for and how that number was arrived at. . . .

18. The page 10 listing for Michael[’s] amount due 7/19/2016 of $8,520.37. If the [a]ccount[ing] is filed through January 1, 2017, this information is outdated and should have been updated. In addition, there is no information as to why this amount was due, what the terms were, whether it is secured, and the interest rate. This is self-dealing for Lynn . . .

22. [Michael’s] payment on page 15 in 2010 of $7,500.00 is objected to as it is completely lacking in any information in order to permit accurately a review of this alleged transaction. This transaction involving the Trustee’s son appears to be self-dealing ____________________________________________

6 The next day, Edwin J. Goodwin III also filed objections to the accounting,

but his objections do not appear to form the basis of the trial court’s decision nor the issues raised on appeal.

-4- J-A10035-21

and complete documentation is requested. The income payments to [Husband] are objected to as it is believed that they do not match up to income earned. In addition, the [a]ccount[ing] seems to make it appear that there were payment[s] each year. The Trust appears to make provisions for quarterly payments. . . .

26. Objection to the schedule[] of distribution based on the incorrect [a]ccount[ing] and insufficient cash on hand to make full distributions.

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