Manice v. THE HOWARD SAVINGS INSTITUTION

30 N.J. Super. 267 (1954)

104 A.2d 74

BARBARA BRADLEY MANICE, PLAINTIFF,

v.

THE HOWARD SAVINGS INSTITUTION, A CORPORATION, DEFENDANT.

Superior Court of New Jersey, Chancery Division.

Decided March 26, 1954.

Mr. Saul J. Zucker for the plaintiff (Messrs. Kristeller and Zucker, attorneys).

Mr. Corwin Howell for the defendant (Messrs. Pitney, Hardin & Ward, attorneys).

FREUND, J.S.C.

The question for determination is whether the settlor may terminate an inter vivos "irrevocable" active trust agreement, which contains spendthrift trust provisions, on the ground that she has become the sole beneficiary.

On…