Legal Opinion
First National Bank of Arizona v. Taylor
Court of Appeals of Arizona
Decided April 4, 1967No. 2 CA-CIV 322PublishedCited by 4 opinions
1Opinion of the Court
MOLLOY, Judge.
This appeal requires judicial interpretation for the first time of an unusual code provision which has been a part of our law since at least 1901. The section, as it appears in our 1956 code, reads as follows:
Ҥ 14-104. Spendthrift trust; creation; termination
“A. When a person apprehends that his estate will be squandered if left to the management or control of his child because of such child’s idleness, dissipation or extravagance, the person may by his will leave his estate to a trustee appointed by will with full power of management and control, the income or increase of…
2Cases cited13 opinions
- City of Mesa v. KillingsworthArizona Supreme Court · 1964
- Munford v. PeeplesSupreme Court of Georgia · 1921
- Sanders v. First Nat. Bank of AtlantaSupreme Court of Georgia · 1939
- Estate of TraungCalifornia Court of Appeal · 1962
- Leonardini v. Wells Fargo Bank & Union Trust Co.California Court of Appeal · 1955
8 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Doody v. RyanCourt of Appeals for the Ninth Circuit · 2011
- Doody v. SchriroCourt of Appeals for the Ninth Circuit · 2010
- Doody v. RyanCourt of Appeals for the Ninth Circuit · 2011
- Doody v. SchriroCourt of Appeals for the Ninth Circuit · 2010