Taliaferro v. Taliaferro

The opinion of the court was delivered by

Larson, J.:

In this declaratory judgment action, proponents of the Will C. Taliaferro Trust appeal from a trial court decision that the trust was invalid because the setdor had not transferred title to property he owned to himself as trustee. We reverse and hold that where the settlor of a trust executes a declaration of trust, no transfer of legal tide to the trust property is required to fund the trust.

On March 29, 1990, while in the hospital, Will C. Taliaferro executed two revocable trust indentures, a will, and various odier documents. The trust…