In re Estate of Ingram

The opinion of the court was delivered by This is a proceeding originating in probate court to determine ownership of 2400 shares of mutual fund stock purchased by Pearl Ingram. The principal question is whether the stock became an asset of her estate at her death, which issue turns upon the effect to be given a declaration of trust executed by Pearl in her lifetime. The contest is between the administratrix of the estate of a predeceased son of Pearl Ingram and Pearl's daughter, who is now Frances Ingalls, formerly Frances Garner, named as a residuary legatee in Pearl's will. Trial in district court upon certification from probate court resulted in judgment for the administratrix and the daughter Frances has appealed.