Sivia v. Snyder

BACON, Judge.

This appeal involves an action originally brought by the Liberty National Bank and Trust Company of Oklahoma City, Oklahoma (trustee) for instructions as a trustee on how the trust estate should be distributed.

The record reflects and the parties stipulated to the following facts. Frank Bacon Hathaway (settlor) created a living trust in November of 1964 and amended it last in December 1965. The provisions of the trust that are decisive read as follows:

“3.03 Payments upon the Death of Set-tlor. Upon the death of the- settlor, the trustee shall pay all of the expenses of the last…