Wilson v. Illinois National Bank & Trust Co.

This is an appeal from a portion of an order closing a conservator’s estate. The trial court ruled that the beneficiary of three “Totten Trust” accounts was not entitled to the interest earned on these accounts during the period of the settlor’s incompetency where the interest was expended by the conservator for the upkeep and maintenance of the incompetent even though there were other cash assets of the incompetent from which those expenses might have been paid. Carol Wilson, the beneficiary of these accounts, has appealed.

During 1973, Frank Rudolph Peterson opened a savings account in each…