[DOWNLOAD] "Estate Of Joseph Gilmaker V. Bank Of America National Trust And Savings Association" by Supreme Court Of California * Book PDF Kindle ePub Free
eBook details
- Title: Estate Of Joseph Gilmaker V. Bank Of America National Trust And Savings Association
- Author : Supreme Court Of California
- Release Date : January 15, 1962
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 76 KB
Description
In his will Joseph Gilmaker created a testamentary trust. Under the terms of the trust instrument, which was incorporated in the final decree of distribution, the Bank of America is to serve as trustee and petitioner Joseph Louis Gilmaker is to be the sole life beneficiary. On his death the remainder is to go to petitioner's wife and children. Petitioner is also appointed by the trust instrument as "Consultant, and the Trustee shall not sell, lease, exchange, hypothecate, or improve any property which is a part of the trust estate, or invest or reinvest any trust estate funds until it has first notified said Consultant in writing of its intention to so act and received from said Consultant his written approval of the action so proposed."