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BRENTON NAT. BANK OF DES MOINES v. ROSS

No. 91-1740.

492 N.W.2d 441 (1992)

BRENTON NATIONAL BANK OF DES MOINES, As Conservator of Mabel Ross, Probate No. PR 17168-1088, Linn County, Iowa, Appellant, v. Donald M. ROSS and Cornelia C. Ross, Appellees.

Court of Appeals of Iowa.

September 29, 1992.

Attorney(s) appearing for the Case

Timothy S. White and Allison M. Heffern of White & Johnson, P.C., Cedar Rapids, for appellant.

James M. Powers and Caroline D. Giddings of Hines, Pence, Day & Powers, Cedar Rapids, for appellees.

Considered by OXBERGER, C.J., and SCHLEGEL and HAYDEN, JJ.

HAYDEN, Judge.

Mabel Ross was the owner of certain real property referred to as "Upper Ranch." Mabel provided in her will that Donald Ross had the option of purchasing Upper Ranch upon her death for $100,000. Donald Ross is the son of Mabel Ross and is the husband of Cornelia Ross.

During her lifetime, however, Mabel sold Upper Ranch to Donald and Cornelia Ross. They paid $100,000 for the property. This transaction...

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