In Re the Estate of Stevenson
South Dakota Supreme Court
1Opinion of the Court
SABERS, Justice.
[¶ 1.] Clara Stevenson appeals the trial court’s determination that Tamara K. Luke, acting as trustee, was specifically authorized by the trust instrument to lease trust property to herself, her husband, or relative. We reverse and remand.
FACTS
[¶2.] Elmer Stevenson established the Elmer Stevenson Trust on August 8, 1990 and funded it with all his property. Elmer died on September 15, 1992. Pursuant to the terms of the trust, Elmer’s surviving wife, Clara, is the primary beneficiary with a life estate interest in the estate. Clara’s granddaughter, Tamara, is the second…
2Cases cited9 opinions
- Johnson v. JohnsonSouth Dakota Supreme Court · 1980
- American State Bank v. AdkinsSouth Dakota Supreme Court · 1990
- Trevino v. Brookhill Capital Resources, Inc., Texas Court of Appeals, 1st District (Houston)1989
- Lustig v. LustigSouth Dakota Supreme Court · 1997
- Rowett v. McFarlandSouth Dakota Supreme Court · 1986
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3Cited by29 opinions
- Ziegler Furniture & Funeral Home, Inc. v. CicmanecSouth Dakota Supreme Court · 2006
- Pesicka v. PesickaSouth Dakota Supreme Court · 2000
- Bienash v. MollerSouth Dakota Supreme Court · 2006
- Divich v. DivichSouth Dakota Supreme Court · 2002
- Wyman v. BrucknerSouth Dakota Supreme Court · 2018
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