Chavin v. PNC Bank

OPINION ON REMAND

LAMB, Vice Chancellor.

I

PNC Bank, acting as trustee of a revocable trust created by Florence Chavin, interpreted the residuary clause of that trust to provide for distribution of the balance of the trust after Florence’s death to her son, Leslie. Leslie survived his mother but was murdered before PNC Bank completed the administration of her estate and before he received any distributions from the trust. After Leslie died, Florence’s two grandsons (Leslie’s nephews) took the position that Leslie’s failure to survive until such time as PNC Bank actually distributed the trust…