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MERCHANTS BANK v. BOUCHARD

No. 87-018.

568 A.2d 412 (1989)

The MERCHANTS BANK v. Evelyn N. BOUCHARD.

Supreme Court of Vermont.

October 20, 1989.

Attorney(s) appearing for the Case

Thomas F. Heilmann, P.C., Burlington, for plaintiff-appellee.

Edwin H. Amidon, Jr., Burlington, for defendant-appellant.

Before PECK and DOOLEY, JJ., KEYSER, J. (Ret.), and SPRINGER, District Judge (Ret.), Specially Assigned.

PECK, Justice.

Defendant mortgagor appeals from a superior court foreclosure decree in favor of plaintiff bank. We affirm.

Prior to the events that gave rise to this action, Evelyn Bouchard and her husband Robert owned and operated the Regal Optical Company as a successful business enterprise. In 1968, on the advice of their attorney, they established three revocable trusts for tax purposes, including the Evelyn M...

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