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SARASOTA BANK & TRUST COMPANY v. RIETZ

No. 73-334.

297 So.2d 91 (1974)

SARASOTA BANK & TRUST COMPANY, As Trustee under the Agreement with Henry E. Jones, Dated November 7, 1961, As Amended, Appellant, v. Nora H. RIETZ, Formerly Nora H. Jones, Appellee.

District Court of Appeal of Florida, Second District.

Rehearing Denied July 26, 1974.

Attorney(s) appearing for the Case

David S. Yost of Williams, Parker, Harrison, Dietz & Getzen, Sarasota, for appellant.

Charles J. Cheves, Jr., of Cheves & Hazen, Venice, for appellee.

MANN, Chief Judge.

Henry Jones established a trust in 1961 naming the appellant bank as trustee. Appellee, Jones' now remarried widow, is the income beneficiary of the trust. In addition, the trustee

"... may pay such sums from principal as, in the discretion of the trustee, are suitable or desirable to maintain my said wife in the standard of living to which she was accustomed during my lifetime, and to provide for her such luxuries, pleasures and recreation...

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