Legal Opinion
Macaulay v. Wachovia Bank of South Carolina, N.A.
Court of Appeals of South Carolina
Decided November 5, 1998No. 2897PublishedCited by 2 opinions
1Opinion of the Court
CURETON, Judge:
Respondents, beneficiaries of a revocable inter vivos trust (First Trust), brought this action seeking (1) a declaration an irrevocable life insurance trust (Second Trust) was void ab *204initio due to the settlor’s lack of capacity and undue influence; (2) a return of the proceeds of Second Trust from its beneficiaries; and (3) a determination that Wachovia Bank of South Carolina, N.A. (Wachovia), the trustee of First Trust, be held liable for distributing the funds used to endow Second Trust. The probate court dismissed the matter pursuant to S.C.Code Ann. § 62-7-203 (1987),…
2Cases cited10 opinions
- Hanson v. DencklaSupreme Court of the United States · 1958
- Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
- Nienow v. NienowSupreme Court of South Carolina · 1977
- Trueman Fertilizer Co. v. AllisonSupreme Court of Florida · 1955
- Buckner v. Preferred Mutual InsuranceSupreme Court of South Carolina · 1970
5 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- MacAulay v. WACHOVIA BANK OF SCCourt of Appeals of South Carolina · 1998
- Mine Holding Trust v. Keldon Pavlish, et uxCourt of Appeals of Washington · 2024