Eli B. Jones, of the Estate of Jesse L. Bobo, Deceased v. Federal Deposit Insurance Corporation, in Its Corporate Capacity

BARRETT, Circuit Judge.

The issue presented in this appeal is whether the district court erred in granting Federal Deposit Insurance Corporation’s (FDIC) motion for Summary Judgment against the claim of Eli B. Jones, Executor of the Estate of Jesse L. Bobo, Deceased (Estate), for a balance allegedly due on behalf of legatees and devisees of the Estate under the Last Will and Testament in amount of $458,631.50. On appeal, Estate contends that the district court erred in ruling that death benefits derived from insurance proceeds on the life of the decedent paid to Estate and deposited in Penn…