Lloyd v. Sears Bank & Trust Co.

Plaintiff Margaret Lloyd filed a suit to enforce a trust agreement executed by Edward W. Schneberger, now deceased, and defendant Sears Bank and Trust Company. Plaintiff was a named beneficiary under the trust agreement. Defendant Sears previously informed plaintiff that she was to receive 30% of the trust estate after payment of death taxes and estate charges. When plaintiff received a lesser amount, she filed a suit for enforcement.

During a bench trial, defendants moved to strike and dismiss plaintiff’s complaint as being legally insufficient. Regarding the suit as essentially one for…