Legal Opinion
First Trust Co. v. Cochrane
Supreme Court of Minnesota
Decided December 31, 1953No. 36,173PublishedCited by 2 opinions
1Opinion of the Court
Matson, Justice.
Appeal, by a remainderman beneficiary, from an order terminating a trust and providing for the delivery of the trust res to the life beneficiary free and clear of the trust.
We are concerned with this question: Under the testamentary trust instrument herein may a successor trustee exercise the power conferred upon the original trustees to pay and deliver the whole or any part of the trust principal to the life beneficiary in the event of the death of her husband and if they deem it expedient ?
Testator died in ,1905 leaving a will (dated August 26, 1901) by which he created a…
2Cases cited11 opinions
- In Re Trusteeship Created Under Will of OrdeanSupreme Court of Minnesota · 1935
- In Re Trust Created by WatlandSupreme Court of Minnesota · 1941
- In Re Trust Under Will of ComstockSupreme Court of Minnesota · 1945
- State Ex Rel. Flodin v. District Court Fifteenth Judicial DistrictSupreme Court of Minnesota · 1946
- In Re Estate of BoutwellSupreme Court of Vermont · 1941
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3Cited by2 opinions
- Butt v. Bank of America, N.A.Court of Appeals for the Tenth Circuit · 2007
- In re the Estate of PetersonCourt of Appeals of Minnesota · 1985