Abbott v. Bates
Indiana Court of Appeals
1Opinion of the Court
OPINION
SULLIVAN, Judge.
Margaret H. Abbott (Abbott) appeals the grant of partial summary judgment in favor of Douglas S. Bates (Bates). We affirm.
In October 1986, Abbott executed a revocable trust agreement naming herself as both beneficiary and trustee. Two parcels of real estate which Abbott owned in Indianapolis were subsequently deeded to the trust. In August 1990, Abbott retained Bates’ son, Bradford W. Bates (Bradford), as property manager. The Indianapolis properties were in need of repair, and Abbott, with Bradford’s assistance, secured a $65,000 loan from the National Bank of Detroit…
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