Matter of Estate of Reinwald

MICHAUD, Judge Pro Tem.

This appeal is from an opinion and order of the district court affirming a determination by the magistrate that appellant Old National Bank (ONB) as conservator of the estate of Nuna C. Reinwald failed under I.C. § 15-5-427 to take into account and preserve insofar as possible a known estate plan of Mrs. Reinwald. ONB contends the magistrate erred in requiring the bank to preserve what amounts to an invalid oral testamentary trust. We affirm.

Reinwald purchased a 2V2 year certificate of deposit in the amount of $60,188.29, in 1980. The CD contained a rollover provision…