Walker Estate

26 Pa. D. & C.2d 315, 1962 Pa. Dist. & Cnty. Dec. LEXIS 292
CourtPennsylvania Orphans' Court, Philadelphia County
DecidedFebruary 1, 1962
Docketno. 154 of 1951
StatusPublished

This text of 26 Pa. D. & C.2d 315 (Walker 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
Walker Estate, 26 Pa. D. & C.2d 315, 1962 Pa. Dist. & Cnty. Dec. LEXIS 292 (Pa. Super. Ct. 1962).

Opinion

Klein, P. J.,

Thomas P. Walker died on March 31, 1950, leaving a will and codicil by [316]*316which, inter alia, he bequeathed $50,000- to his executor in trust to pay the net income therefrom to his sister-in-law, Magadalen Fox Bieg, and her husband, Oscar H. Bieg, for their lives and the life of the survivor, and upon the death of the survivor of them to pay over the principal, together with any and all accumulated income, equally, share and share alike, to his nephews, Robert J. Walker and Joseph C. Walker, and to Charles Fox and Katherine Fox Rock, with further provisions to become operative in the event any of said remaindermen should die before the death of the life tenants.

The fund presently accounted for was awarded to the present accountant by adjudication of Bolger, J., dated February 15, 1951, and the occasion of the filing of the present account was the death on September 19, 1961, of Magdalen Fox Bieg, surviving life tenant, her husband, Oscar H. Bieg, having predeceased her on December 31, 1959, and the resulting termination of the trust.

Robert J. Walker, Joseph C. Walker, Charles Fox, stated to be also known as Charles Fox, II, and Katherine Fox Rock, remaindermen, all appear to be living and of age.

All parties in interest appear to have had notice of this audit.

Joseph C. Walker, entitled to one-fourth of the principal in remainder, objected to the allowance of the fee of $1,375, to Moore, James, Wright & Gibbons, counsel for the accountant, as credited in the account. No objection was made to the fee by Robert J. Walker, Charles Fox, II, and Katherine Fox Rock, the remaindermen, entitled to the other three-fourths of the estate.

It appears from the study of this record that David B. James, Jr., a member of the law firm of Moore, [317]*317James, Wright & Gibbons, was counsel for testator. He, apparently, was scrivener of the will and codicil, as he was a subscribing witness to both documents. Mr. James, who died in 1960, was one of the most respected and trusted members of our bar and a recognized expert in the field of law pertaining to decedents’ estates.

The original principal of this .trust of $50,000, awarded by adjudication of Bolger, J., dated February 15,1951, has almost doubled in amount, as a result of the excellent administration of the estate by Fidelity-Philadelphia Trust Company, the accountant, with the helpful advise of counsel.

Mr. Wright, who was associated with Mr. James, made a statement at the audit as to the nature and extent of the services for which the fee was charged. Included in these services were some resulting from an attachment issued by Joseph C. Walker, the objectant, upon a judgment he secured against his brother, Robert J. Walker, who is also a beneficiary.

Apparently, one of testator’s primary purposes in creating this trust was to benefit his sister-in-law, Magdalen Fox Bieg, and her husband, Oscar H. Bieg, who were also represented by Mr. James. Following the death of Mr. Bieg, Mr. James performed unusual and extraordinary services in behalf of the surviving wife. He received the income from the trust and with it paid all her bills, hired nurses and maintained her apartment. In addition to this, Mr. James and his associates performed the usual services required in a trust estate of this size and duration.

The law is an honored and respected calling, and the maintenance of high professional standards is important to the welfare of the community. To maintain these high standards, it is essential that members of the profession have adequate economic safeguards. [318]*318Although most of our citizens have been affected by the reduced purchasing power of the dollar, resulting from the inflationary trends to which we have been subjected, lawyers have suffered more than other professional people. Thirty years ago, the average income of lawyers in the United States was higher than that of physicians. Since that time, the situation has been sharply reversed. Statistics available at the end of 1956, indicate that the median annual income of lawyers was $7,833, contrasted with $16,071, for members of the medical profession.

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Related

Huffman Estate (No. 3)
36 A.2d 640 (Supreme Court of Pennsylvania, 1944)
Hanley v. Waxman
80 Pa. Super. 274 (Superior Court of Pennsylvania, 1922)

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Bluebook (online)
26 Pa. D. & C.2d 315, 1962 Pa. Dist. & Cnty. Dec. LEXIS 292, Counsel Stack Legal Research, https://law.counselstack.com/opinion/walker-estate-paorphctphilad-1962.