Norton Family Trust First National Bank of Commerce v. Schmitt

UCANNELLA, Judge.

First National Bank of Commerce, Trustee of the Norton Family Trust, filed a Petition For Instructions and ordered the trust beneficiaries to show cause why the principal invasion requested by the income beneficiary should not be paid by the trustee. The trial court, by judgment dated October 14, 1994, ordered the trustee to invade the corpus of the trust in the amount of $6,500 per month in favor of Eileen Jackson Norton commencing from June 21, 1994. We affirm.

On November 23, 1988, after twenty years of marriage, Dr. John M. Norton and Eileen Jackson Norton created “The…