Court: |
PA Supreme court |
|
Facts: |
There were some bonds. The deceased raised and maintained his
nephew, and the bonds were known to have been set aside for him. |
|
Posture: |
Appeal from the orphans' court, which found that the kid should
get the bonds. |
|
Issue: |
Is the existing expression of intent enough to create a trust? |
|
Holding: |
Yes. Judgment affirmed. |
|
Rule: |
Not much of one. |
|
Reasoning: |
The court starts off saying that form is important, but then goes
on to infer from the facts, regardless of the lack of a formal
declaration, that the trust was established. |
|
Dicta: |
|