- Ag Docket
(upon death of spouse, surviving wife became sole trustee and sole beneficiary for her life of husband's trust; trustee had authority to pay wife as much trust principal as requested in writing; wife withdrew entire trust property; after wife's death, remainder beneficiaries sued wife's estate on breach of fiduciary grounds because wife made no written request of herself at trustee to withdraw trust property; trial court ruled for estate and appellate court affirmed making point that requiring such act would be in vain and pointless).
CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.