Legal Opinion

Wells Fargo Bank American Trust Co. v. Greuner

California Court of Appeal

Decided April 20, 1964No. Civ. 21495PublishedCited by 4 opinions

1Opinion of the CourtAgee, J.

Defendant William M. Greuner, Jr., appeals from that portion of the judgment which holds that the trust involved herein was revocable only during the lifetime of his father, William M. Greuner, Sr.

The latter owned seven insurance policies issued upon his life. On May 24, 1932, he assigned these policies to appellant under an oral agreement with him that he in turn would assign them to Wells Fargo Bank in trust for the benefit of Greuner, Sr.’s family. Appellant gave no consideration for such assignment nor did he at any time pay any of the premiums on the policies.

On September 30, 1932, a…

2Cases cited3 opinions

  1. Lois J. Newman (Formerly Lois J. Senderman) v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1955
  2. Touli v. Santa Cruz County Title Co.California Court of Appeal · 1937
  3. Fernald v. LawstenCalifornia Court of Appeal · 1938

3Cited by4 opinions

  1. People v. LynamCalifornia Court of Appeal · 1968
  2. Getty v. GettyCalifornia Court of Appeal · 1972
  3. Estate of Boydstun v. CommissionerUnited States Tax Court · 1984
  4. Estate of Hedrick v. CommissionerUnited States Tax Court · 1992

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