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Category: Business Law
Justin Whitman is the adult son of Jeffrey Whitman, an attorney who has served as the trustee for a trust of which Justin is the beneficiary. The trust was established for Justin by his grandfather, Jeffrey's father. Justin asked his father/trustee for an accounting of the principal and income of the trust. Jeffrey asked for the accounting in 2007 ...
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Category: Business Law
James Horne's will provides that his estate is to be distributed to his heirs per capita. Upon his death, two of his three children are surviving and his deceased child left two children (James's grandchildren). His will provides that all his property is to be distributed per capita to these children and grandchildren. How will the property be dist...
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Category: Business Law
Valerie and Flora are the beneficiaries of a trust left to them by their mother upon her death. Their mother named Art Casanelli, a family friend, as the trustee. Flora has seen Art driving a new car and has learned that he just purchased a new and rather large home. She is concerned about the trust funds and Art's unfettered access to them. How ca...
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Category: Business Law
In 1984, Alexander Tolin executed a will under which the residue of his estate was to be devised to his friend Adair Creaig. The will was prepared by Steven Fine, Tolin's attorney, and executed in Fine's office. Fine retained the original will and gave a blue-backed photocopy to Tolin. In 1989, Tolin executed a codicil to the will that changed the ...
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