Pennsylvania Consolidated Statutes

20 Pa. Cons. Stat. § 6113 (2026)

 Limited estates in personalty and in the proceeds of the conversion of real estate.

✓ current as of May 2026
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§ 6113.  Limited estates in personalty and in the proceeds of the conversion of real estate.

A person having a present interest in personal property, or in the proceeds of the conversion of real estate, which is not in trust, and which is subject to a future interest, shall be deemed to be a trustee of such property, and not a debtor to the remainderman, with the ordinary powers and duties of a trustee, except that he shall not be required to change the form of the investment to an investment authorized for Pennsylvania fiduciaries, nor shall he be entitled to compensation as trustee. Such person, unless given a power of consumption or excused from entering security by the terms of the conveyance, shall be required to enter such security for the protection of persons entitled to the future interests as the court in its discretion shall direct. If a person having a present interest shall not enter security as directed, the court shall appoint a trustee who shall enter such security as the court shall direct, and who shall exercise all the ordinary powers and duties of a trustee, except that he shall not be required to change the form of the investment to an investment authorized for Pennsylvania fiduciaries.

Notes of Decisions
Cited in 2 cases, 1996–1998 · leading case: In Re Est. of Hewitt, 721 A.2d 1082 (Pa. 1998).
In Re Est. of Hewitt, 721 A.2d 1082 (Pa. 1998). · cites it 8× “50, into a separate trust for her benefit during her lifetime, with herself as the trustee, pursuant to Section 6113 of the Probate, Estates and Fiduciaries Code, 20 Pa.C.S. § 6113. [3] Upon her death, the remaining proceeds were to pass to the charities set out in Mr.”
In re Est. of Hewitt, 688 A.2d 1185 (Pa. Super. Ct. 1996). · cites it 2× “Appellant contends the court erred by directing the proceeds be held in trust pursuant to 20 Pa.C.S. § 6113, Limited estates in personalty and in the proceeds of the conversion of real estate, instead of distributing the money through the residuary clause to the testator’s…”
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