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LUND v. LUND

A18-0120.

924 N.W.2d 274 (2019)

Kim A. LUND, AS TRUSTEE and beneficiary OF the REVOCABLE TRUST OF KIM A. LUND; as co-trustee and beneficiary of the Trusts created by the Trust Agreement of Russell T. Lund, Jr. dated February 14, 1990 for the benefit of Kim Lund; as beneficiary of the Trusts created by the Irrevocable Trust Agreement of Russell T. Lund dated July 8, 1969; and as beneficiary of the Qualified Marital Trust under Complete Amendment to Trust of Russell T. Lund, dated September 21, 1984, Respondent, v. Russell T. LUND, III, et al., Appellants.

Court of Appeals of Minnesota.

Filed January 14, 2019.

Attorney(s) appearing for the Case

Richard T. Ostlund , Janel M. Dressen , Shannon M. Awsumb , Anthony Ostlund Baer & Louwagie P.A., Minneapolis, Minnesota (for respondent).

Steven J. Wells , Jaime Stilson , Timothy J. Droske , Dorsey & Whitney LLP, Minneapolis, Minnesota (for appellants).

Jonathan M. Bye , Kim M. Ruckdaschel-Haley , Mavis J. Van Sambeek , Ballard Spahr LLP, Minneapolis, Minnesota (for amicus curiae The Probate and Trust Law Section of the Minnesota State Bar Association).

Considered and decided by Cleary, Chief Judge; Bjorkman, Judge; and Rodenberg, Judge.

OPINION

Appellants challenge the district court's grant of a buy-out of respondent's business interests, valuation of the interests, removal of a trustee, and denial of appellant trustees' motion for attorney fees and costs. By cross-appeal, respondent/cross-appellant challenges the district court's grant of summary judgment...

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