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TRUST UNDER AGREEMENT OF TAYLOR

No. 15 EAP 2016.

164 A.3d 1147 (2017)

TRUST UNDER AGREEMENT OF Edward Winslow TAYLOR. Appeal of: Wells Fargo Bank.

Supreme Court of Pennsylvania.

DECIDED: July 19, 2017.

Attorney(s) appearing for the Case

Roberta Ann Burris Barsotti, Esq. , Lee Charles Schmeer, Esq. , Schnader Harrison Segal & Lewis, LLP, Ralph G. Wellington, Esq. , for Wells Fargo Bank, N.A. as Trustee, Appellant.

Jennifer DiVeterano Gayle, Esq. , James Francis Mannion, Esq. , Mannion Prior, L.L.P., for Elise W. Carr, Edward W. Carr, Ian N. Carr, Appellee.

David R. Fine, Esq. , Raymond Paul Pepe, Esq. , for Pennsylvania Bankers Association, Amicus Curiae.

John Franklin Meck, Esq. , John H. Williams Jr., Esq. , Eckert Seamans Cherin & Mellott, LLC, for PA Bankers Association, Appellant Amicus Curiae.

SAYLOR, C.J., BAER, TODD, DONOHUE, DOUGHERTY, WECHT, MUNDY, JJ.

OPINION

We granted discretionary review in this case to determine whether the Superior Court erred in ruling that beneficiaries of the trust of Edward Winslow Taylor (the "Taylor Trust") could modify its terms to add a "portability clause" to permit them to replace the corporate trustee at any time...

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