Margaret C. Ughetta v. Mary Harding Cist, individually, as of Estate of John David Cist, and as Trustee of the Supp Trust Agreement of John David Cist

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE Margaret C. Ughetta, ) Petitioner ) C.A. No. 7885-MA ) v. ) ) Mary Harding Cist, individually, as ) Executrix of the Estate of John David ) Cist, and as Trustee of the Supplemental ) Trust Agreement of John David Cist, ) Respondent ) MASTER’S REPORT Date Submitted: January 7, 2015 Draft Report: Final Report: May 29, 2015 One of four beneficiaries of a now-irrevocable trust contends that the successor trustee should be removed for alleged breaches of fiduciary duty. The successor trustee denies these claims and, in turn, seeks to forfeit 50…