In Re John L. Norris Trust

This is an appeal by the beneficiary of the John L. Norris Trust from a denial of her motion to set aside a decree of the Caledonia Superior Court. The decree permitted the trustees to sell 340 shares of a small family corporation, which constituted the trust corpus, back to the corporation for a specified amount. The proceeds are to be reinvested in order to realize more income for the beneficiary. The beneficiary, daughter of the settlor of the trust, and the remaindermen, her two adult children, both resident in other states, were named as defendants. We affirm.

Originally, the beneficiary…