Levy v. Crocker-Citizens National Bank

Opinion

GUSTAFSON, J.

Plaintiff is the trustor (or settlor) of two trusts which he claims he has the right to terminate. He appeals from a judgment in favor of the trustee that the trustor has no right to terminate either trust.

Plaintiff’s maternal grandmother on May 29, 1937, created a trust, the fife beneficiary of which was plaintiff’s mother and a remainderman of which was the plaintiff. The grandmother died June 11, 1938, leaving a will by which plaintiff received a remainder interest in a testamentary trust contingent upon his surviving his mother.

Plaintiff became 21 years of age on…