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Case Citations [1] (July 2018 through August 2019)

handle is hein.ali/resect1478 and id is 1 raw text is: TRUSTS 2D Generally Or.App.2018. Cit. generally in disc. Beneficiaries of decedent's trust under Nevada law brought a lawsuit against trustee who was also a beneficiary of the trust, alleging, among other things, that defendant had breached the trust. This court reversed the trial court's judgment for plaintiffs and remanded, holding, inter alia, that the fact that the trust was a spendthrift trust did not prevent the court from impounding defendant's interest in the trust in order to satisfy plaintiffs' damages. The court noted that Nevada courts relied extensively on Restatement Second of Trusts to interpret ambiguities in Nevada probate statutes. Matter of Testamentary Trust Created Under Will of King, 434 P.3d 502, 510. CHAPTER 2. THE CREATION OF A TRUST TOPIC 13. ILLEGALITY § 60. General Rule as to Illegality Wyo.2019. Com. (a) cit. in ftn. In a dispute arising from a family trust that benefited father, daughter, and four other children, daughter, as successor co-trustee, sued two other co-trustees, seeking, among other things, to terminate the trust on the ground that it was an abusive trust as defined by federal tax regulations. After a bench trial, the trial court concluded that daughter's claim that the trust was invalid was barred by res judicata arising from a prior action brought by father when he was co-trustee against his four other children. Affirming, this court held that daughter was bound by the rulings in the prior action in her individual and successor-trustee capacities. The court additionally noted that the trial court correctly found that daughter failed to successfully argue or show that the trust was invalid on the grounds that it was illegal under Restatement Third of Trusts § 28 or Restatement Second of Trusts § 60. In re Robert and Irene Redland Family Trust, Dated August 10, 1989, 435 P.3d 349, 358. § 62. Enforcement against Public Policy Wyo.2019. Cit. in ftn. In a dispute arising from a family trust that benefited father, daughter, and four other children, daughter, as successor co-trustee, sued two other co-trustees, seeking, among other things, to terminate the trust on the ground that it was an abusive trust as defined by federal tax regulations. After a bench trial, the trial court concluded that daughter's claim that the trust was invalid was barred by res judicata arising from a prior action brought by father when he was co-trustee against his four other children. Affirming, this court held that daughter was bound by the rulings in the prior action in her individual and successor-trustee capacities. The court additionally noted that the trial court correctly found that daughter failed to successfully argue or show that the trust was invalid on the grounds that it violated public policy under Restatement Third of Trusts § 29 or Restatement Second of Trusts § 62. In re Robert and Irene Redland Family Trust, Dated August 10, 1989, 435 P.3d 349, 358. COPYRIGHT 02019 By THE AMERICAN LAW INSTITUTE All rights reserved Printed in the United States of America For earlier citations, see the Appendices, Supplements, or Pocket Parts, if any, that correspond to the subject matter under examination.

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