Jacks v. Monterey County Trust & Savings Bank

THE COURT.

A petition for hearing after decision of the District Court of Appeal, First District, Division Two, was granted for the purpose of giving further consideration to the question of the application to trusts created inter vivos of the rule applicable to testamentary trusts. (See sections 160-163 Probate Code.) After further consideration we have arrived at the conclusion that the District Court of Appeal correctly disposed of the questions presented. We therefore adopt as our opinion the following portions of the opinion of said court, prepared by Mr. Justice Spence, with additional…