Supreme Court of Pennsylvania

In Re Testamentary Trust Created Under the Last Will and Testament of Laverne K. Ischy. Inter Vivos Trust Created By…

May 30, 1980490 Pa. 71

Summary

The court reversed the orphans’ court’s disallowance of the trustee’s compensation claims for two trusts. It held that fiduciaries are presumptively entitled to reasonable compensation and that the trustee’s prior silence, in the context of incomplete accountings and continuing settlement negotiations, did not establish waiver. No separate opinions were filed.