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MACAULAY v. WACHOVIA BANK OF S.C.

No. 2897.

333 S.C. 201 (1998)

508 S.E.2d 46

Dr. J. Gray MACAULAY, James C. Perrin, Jr., Gladys L. Perrin, Neill M. Perrin, Mary P. Coxe, Joanne M. Cauthen, Dr. Neill W. Macaulay, Rebecca M. Clark, Theodica M. Greene, Henrietta M. Marett, Kathryn D. Durham, William B. DePass, Jr., Wilkes D. Macaulay, Kathryn M. Bishop, Isabel M. Schell and Dr. Hugh H. Macaulay, Jr., Respondents, v. WACHOVIA BANK OF SOUTH CAROLINA, N.A., Estate of Sara M. McLeod, James L. MacLeod, Individually and as Personal Representative of the Estate of Sara M. McLeod, William L. McLeod, Jr., and Kathryn M. DePass, of whom Wachovia Bank of South Carolina, N.A. is the Appellant.

Court of Appeals of South Carolina.

Decided November 5, 1998.

Attorney(s) appearing for the Case

R. David Massey and Arnold L. Ashley, both of Brown, Massey, Evans & McLeod, of Greenville, for appellant.

Ben G. Leaphart, of Greenville, for respondents.

CURETON, Judge:

Respondents, beneficiaries of a revocable inter vivos trust (First Trust), brought this action seeking (1) a declaration an irrevocable life insurance trust (Second Trust) was void ab initio due to the settlor's lack of capacity and undue influence; (2) a return of the proceeds of Second Trust from its beneficiaries; and (3) a determination that Wachovia Bank of South Carolina, N.A. (Wachovia...

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