Allen v. Columbus Bank & Trust Co.

Johnson, Chief Judge.

This case involves the alleged mismanagement of a trust. The record shows that Sally Allen’s father died on July 20, 1968. His will provided for a trust for his wife and children. It further provided that his wife and Columbus Bank & Trust Company (“CB&T”) were to be co-trustees of the trust. Allen’s mother and CB&T acted as co-trustees of the trust from July 1968 until September 15, 1972, when CB&T became the sole trustee of the trust. CB&T managed the trust from 1972 until the trust terminated by its own terms at the death of Allen’s mother on July 26, 1985. Ten years…