Peric v. Chicago Title & Trust Co.

Petitioner, Jordan Peric, filed a petition in which he sought to have a resulting trust established in his favor upon certain real property. The trial court entered judgment on the pleadings in favor of respondents Chicago Title & Trust Company, as trustee, and Milovan Peric. We affirm.

Jordan Peric and his father, Cedomir Peric, purchased real property pursuant to an installment contract. Subsequently, Jordan and Cedomir Peric caused the title to the property to be conveyed to the LaSalle National Bank as trustee. Cedomir Peric was named as the sole beneficiary of the trust and Jordan Peric…