MCLAUGHLIN, J.
Our main question here is: Does the deposit of money in savings accounts, indicating, on the passbooks only, the depositor himself as trustee for various persons without the relinquishing of any control and without the knowledge of the purported beneficiaries, create valid trusts to the extent that the fiduciary is barred from the savings deposits after the depositor's death?
Stripped of legal verbiage, the savings deposits in the instant case...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.