{"id":6537,"date":"2019-01-22T09:57:27","date_gmt":"2019-01-22T14:57:27","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=6537"},"modified":"2019-01-28T10:11:15","modified_gmt":"2019-01-28T15:11:15","slug":"interpretation-of-balance-of-income","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=6537","title":{"rendered":"Interpretation of &#8220;Balance of Income&#8221;"},"content":{"rendered":"\n<p>Trust document was interpreted to give grandchildren all of the trust income following their mother&#8217;s death, even though document provided for shares of income to other persons who predeceased the mother and directed that upon the death of an income beneficiary a share of principal shall be paid to charity, because the grandchildren were entitled to the &#8220;balance of income&#8221; not payable to the other named beneficiaries.   However, award of legal fees to grandchildren was an abuse of discretion and reversed.  <em>In re: Insurance Trust Agreement of Frank P. Sawders, Jr.<\/em>, <a href=\"http:\/\/www.pacourts.us\/assets\/opinions\/Superior\/out\/Opinion%20%20AffirmedReversed%20%2010381383946032730.pdf\">2018 PA Super 345<\/a> (12\/18\/2018).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trust document was interpreted to give grandchildren all of the trust income following their mother&#8217;s death, even though document provided for shares of income to other persons who predeceased the mother and directed that upon the death of an income &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=6537\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[34],"tags":[146,698],"class_list":["post-6537","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-attorney-fees","tag-trust-interpretation","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/6537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6537"}],"version-history":[{"count":1,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/6537\/revisions"}],"predecessor-version":[{"id":6538,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/6537\/revisions\/6538"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}