NCNB National Bank of Florida v. Shanaberger

RYDER, Acting Chief Judge.

NCNB National Bank of Florida, as Trustee of the Florence E. Hoard Trust, *97disputes the trial court’s declaratory judgment determining that the trustee had abused its discretion by requiring information as to other sources of income from Mark E. Shanaberger, Sr. prior to satisfying his trust principal invasion demand for his nursing home and related medical expense. Because we hold that the trustee must under these circumstances look to outside resources to evaluate in its. sole discretion what is “necessary” in order to invade the principal, we reverse.

NCNB is the…