Heifetz v. Bank of America National Trust & Savings Association

This case presents two controlling questions. Does reserved power to revoke, wholly or in part, an inter vivos trust embrace an implied power to amend ? If yes, can the trust, though expressly declared irrevocable, be terminated by the process of eliminating beneficiaries through amendments until there are left only one or more who are sui juris and who join in a notice of revocation and a demand for delivery of the property ? As applied to the facts at bar the authorities require an affirmative answer to each question.

On January 14, 1925, plaintiff, then named Florence Vidor, created a trust…