Stegall v. Oadra

OPINION

GONZALEZ, Justice.

This case involves questions of multiple-party trust accounts and the survivorship rights of trustees. In February of 1984, John J. Oadra and his mother, Stella A. Oadra, opened a trust account at Mainland Savings Association in the amount of $506,-777.27. The Account, which created a revocable trust, was signed by both John Oadra and Stella Oadra as trustees, but only Mrs. Oadra signed as grantor. The named beneficiaries were John, his two children Michael Oadra and Robin Oadra Stegall, and his two grandchildren Matthew and Jeffrey Stegall. 1 It is undisputed that…