Lineback Ex Rel. Hutchens v. Stout
Court of Appeals of North Carolina
1Opinion of the Court
WELLS, Judge.
Respondent argues that it was the testator’s intention in Article IV of his will to create a discretionary trust wherein payments to petitioner were to be in the sole discretion of the trustee and that the superior court erred in ruling to the contrary. A discretionary trust is a trust wherein the trustee is given the discretion to determine whether and to what extent to pay or apply trust income or principal to or for the benefit of a beneficiary. Bogert, The Law of Trusts and Trustees § 228 (rev. 2d ed. 1979); Scott, The Law of Trusts §§ 128.3, 155 (3d ed. 1967). Accord N.C.…
2Cases cited6 opinions
- Woodard v. MordecaiSupreme Court of North Carolina · 1951
- Davison v. Duke UniversitySupreme Court of North Carolina · 1973
- Zeoli v. Commissioner of Social ServicesSupreme Court of Connecticut · 1979
- Kuykendall v. ProctorSupreme Court of North Carolina · 1967
- Tidrow v. Dir., Mo. State Div. of Fam. Serv.Missouri Court of Appeals · 1985
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3Cited by16 opinions
- Hecker v. Stark County Social Service BoardNorth Dakota Supreme Court · 1995
- Miller v. IbarraDistrict Court, D. Colorado · 1990
- Trust Co. of Oklahoma v. State Ex Rel. Department of Human ServicesSupreme Court of Oklahoma · 1991
- Chenot v. BordeleauSupreme Court of Rhode Island · 1989
- In Re Leona Carlisle Trust Created Under the Trust Agreement Dated February 9, 1985Court of Appeals of Minnesota · 1993
11 more not listed; retrieve them via the Exa API.