Vito v. Grueff

Three of four siblings who were beneficiaries under an irrevocable trust attempted to remove the fourth sibling as a beneficiary by relying on a provision of the irrevocable trust that permitted seventy-five percent of the beneficiaries to amend the terms of the trust. The Court of Appeals held (1) the plain language of the modification provision granting the modification authority to the beneficiaries of the irrevocable trust does not grant authority for three beneficiaries of the trust to remove the fourth beneficiary; (2) the trust clearly manifests the settlor’s intent for the trust to benefit the four beneficiaries equally; and (3) therefore, the amendment in which the three beneficiaries purported to divest the fourth beneficiary was impermissible under the terms of the trust. View "Vito v. Grueff" on Justia Law