Trusts & Estates Bulletin

A Compendium of Recent Cases

  Brought to you by LACBA's Trusts & Estates Section   *  Volume  II, Number 9 *  January, 2007

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IN THIS ISSUE:

Trusts & Estates Bulletin is published monthly by the Trusts & Estates Section of the Los Angeles County Bar Association (LACBA).

David C. Nelson,
Loeb & Loeb LLP, Editor
dnelson@loeb.com

 

(Cases appear in chronological order, with the oldest cases appearing first.) 

-Trusts and Estates-

Proposed petition by income beneficiaries, alleging that trustees breached their fiduciary duty by favoring the remainder beneficiaries over the income beneficiaries with respect to distribution of income, would amount to a contest within the meaning of broadly worded no-contest clause where will establishing trust specifically authorizes trustees to make long-term investment decisions that may inure to the benefit of remainder beneficiaries at the expense of current income beneficiaries, and where there were no allegations of fraud, bad faith, or gross neglect on the part of the trustees.
Hearst v. Ganzi - filed December 19, 2006, Second District, Div. Three
Cite as 2006 SOS 6197
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