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TRUST UNDER WILL OF AUGUSTUS T. ASHTON

No. 36 EAP 2020.

260 A.3d 81 (2021)

TRUST UNDER WILL OF AUGUSTUS T. ASHTON, DECEASED DATED JANUARY 20, 1950. Appeal of: Elizabeth A. Reed.

Supreme Court of Pennsylvania.

Decided: October 4, 2021.

Attorney(s) appearing for the Case

Obadiah Gildersleeve English, Esq. , John F. Higgins, Esq. , Stanley R. Ott, Esq. , Mannion Prior, L.L.P., for Appellant.

William Brooke Igoe, Esq. , Heike Krippendorff Sullivan, Esq. , Ballard Spahr LLP, Hara Kay Jacobs, Esq. , for Appellee.

Jennifer Leonard Nevins, Esq. , Stevens & Lee, P.C., for Appellee Trustees of the University of Pennsylvania.

Robert John Opalka, Esq. , for Appellee Meemie Sullivan.

Claudia M. Tesoro, Esq. , PA Office of Attorney General, for Appellee Pennsylvania Office of Attorney General.

Raymond Paul Pepe, Esq. , for Appellee Amicus Curiae Pennsylvania Bankers Association.

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

OPINION

In this appeal by allowance, we consider whether a vested beneficiary of a trust has standing to challenge the trust's administration where her benefit consists of a fixed annuity and the trust corpus is sufficient to provide the benefit for many years.

I...

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