Wills Trusts & Estates keyed to Dukeminier
Irwin Union Bank & Trust Co. v. Long
The appellee was the beneficiary of a trust that gave him the right to withdraw principal once in any calendar year upon thirty days written notice to the trustee up to four percent (4%) of the market value of the entire trust principal on the date of such notice. The appellant sought to attach the interest in the trust to satisfy the appellee’s obligations under a divorce decree.
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Procedural Posture & History:Shares the case history with how lower courts have ruled on the matter.
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Facts:What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case.
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