Legal Opinion
Scott v. United States
District Court, E.D. Virginia
Decided February 28, 2002No. CIV.A. 3:01CV177PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OPINION
LOWE, United States Magistrate Judge.
John Stuart Bryant, a resident of the City of Richmond, Virginia, died in 1945. Under the terms of his will, probated in the Circuit Court for the City of Richmond, Virginia, Bryant created a trust providing for income to certain beneficiaries, sequentially, with a remainder to others. The current beneficiaries are the fourth generation of income recipients. The trustees, who have no experience in managing large amounts of assets, are all individuals who would not serve in that capacity unless the services of a financial advisor were…
2Cases cited6 opinions
- Mellon Bank, N.A. v. United StatesCourt of Appeals for the Federal Circuit · 2001
- Buckle v. MarshallSupreme Court of Virginia · 1940
- Powers v. PowersSupreme Court of Virginia · 1939
- Sturgis v. StinsonSupreme Court of Virginia · 1991
- William J. O'neill, Jr. Irrevocable Trust, Sheldon M. Sager, Co-Trustee v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1993
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3Cited by2 opinions
- Scott v. United StatesCourt of Appeals for the Fourth Circuit · 2003
- Scott v. United StatesCourt of Appeals for the Fourth Circuit · 2003