Heffner v. Cahaba Bank and Trust Co.

This case involves the application of a section of Alabama's version of the Uniform Fiduciary Act, Ala. Code 1975, §19-1-1 et seq. Richard L. Heffner committed suicide. His wife, Kathy S. Heffner, was appointed executrix of his estate. Richard had a life insurance policy with Fireman's Fund Insurance Company, and after his death Fireman's Fund issued a draft to Kathy Heffner in the amount of $124,514.15 as proceeds of the policy. The draft was made payable to "Kathy Stapp Heffner, Executor of the Succession of Richard L. Heffner."

Kathy Heffner deposited the draft in her account at the Cahaba…