• Fridenberg Decision Brings New Reason to Pennsylvania Trust Law
  • September 17, 2009 | Authors: Nancy Winkelman; Mark T. Carlidge
  • Law Firm: Schnader Harrison Segal & Lewis LLP - Philadelphia Office
  • On August 24, 2009, the Superior Court of Pennsylvania issued a major decision in the field of Pennsylvania trust law, holding in Estate of Anna E. Fridenberg, Deceased, that corporate fiduciaries are no longer bound by the long-discredited rule of Williamson's Estate, which had forbidden them from receiving compensation for services as a trustee in certain trusts created in the first half of the twentieth century or earlier.