Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title20 DECEDENTS, ESTATES AND FIDUCIARIES |
CHAPTER33. ADMINISTRATION AND PERSONAL REPRESENTATIVES |
SUBCHAPTERB. PERSONAL REPRESENTATIVES; POWERS, DUTIES AND LIABILITIES |
§3316.1. Set-aside.
Latest version.
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A personal representative may, without court approval, set aside property in a separate fund prior to actual distribution, after which income earned on the separate fund and appreciation or depreciation of the property set-aside shall belong to the separate fund.
(Oct. 12, 1999, P.L.422, No.39, eff. 60 days)
Notation
1999 Amendment. Act 39 added section 3316.1. See section 13(8) of Act 39 in the appendix to this title for special provisions relating to applicability.