Legal Opinion
Hatleberg v. Norwest Bank Wisconsin
Court of Appeals of Wisconsin
Decided February 24, 2004No. 03-0040PublishedCited by 3 opinions
1Opinion of the Court
HOOVER, EJ.
¶ 1. Wells Fargo Bank appeals a judgment for damages for breaching its fiduciary duty while managing an irrevocable trust set up by Fhyllis Erickson. Because of an error in the trust document, Erickson's contributions were included in her estate at her death, requiring the estate to pay nearly $174,000 in additional taxes. Wells Fargo alleges several errors, primarily that it had no duty to notify Erickson of the error in the trust document. We disagree with all of Wells Fargo's contentions and affirm the judgment.
Background
¶ 2. Dale Sevig was the senior trust officer for Wells…
2Cases cited11 opinions
- Wirth v. EhlyWisconsin Supreme Court · 1980
- Nischke v. Farmers & Merchants Bank & TrustCourt of Appeals of Wisconsin · 1994
- In Matter of Estate of BeckerWisconsin Supreme Court · 1977
- Becker v. State Farm Mutual Automobile InsuranceCourt of Appeals of Wisconsin · 1987
- D. Clifford Crummey v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1968
6 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Hatleberg v. Norwest Bank WisconsinWisconsin Supreme Court · 2005
- Zastrow v. Journal Communications, Inc.Court of Appeals of Wisconsin · 2005
- Rise, Inc. v. Wisconsin Elections CommissionCourt of Appeals of Wisconsin · 2024