Mercantile Trust Co., NA v. Hardie

Columbia University School of Law and St. Catharine’s College (“Appellants”) appeal the summary judgment entered against them by the circuit court of Greene County, Missouri (probate division). The court adjudged that the principal of an express trust established for Michael Gay Hardie (“Michael”) by Robert S. Hardie (“Grantor”) should be distributed to the administrator of Michael’s estate, not to Appellants as residuary beneficiaries under Grantor’s trust. This court agrees. We affirm.

Grantor created a revocable living trust on August 24, 1990, in which he transferred certain money and…