In the Matter of the Estate of Lois L. Hord, In the Matter of the Carl R. Hord Trust Anne T. Walsh, Kathryn Trabert, Gary R. Shuck, Donald C. Shuck, Willis E. Shuck, and John Daly v. Larry Waugh, of the Lois Hord Estate and Trustee of the Carl R. Hord Trust

APPEL, Justice.

In this case, we must consider whether remainder beneficiaries may enforce the terms of a spendthrift trust against the trustee when the remainder beneficiaries previously purported to convey what was at the time a future interest in real estate held by the trust. For the reasons expressed below, we hold that the applicable statute of limitations bars the remainder beneficiaries from enforcing the terms of the spendthrift clause of the decedent’s will. As a result, we vacate the decision of the court of appeals and affirm the judgment of the district court.

I. Background Facts…