Fleet National Bank v. Kahn
Fleet National Bank v. Kahn
Opinion of the Court
We granted the plaintiffs’ application for direct appellate review. They seek to reform the Florence Roberta Gerlach Trust to authorize division of the trust into exempt and nonexempt shares in order to minimize Federal generation-skipping transfer (GST) taxes.
A judgment shall be entered in the Probate and Family Court reforming the Florence Roberta Gerlach Trust to authorize division of the trust into exempt and nonexempt shares. The court shall enter such further provisions in the judgment as are appropriate to fulfil the purposes of the division.
So ordered.
Three adult beneficiaries have assented to the requested relief, and the Probate and Family Court allowed a waiver of the appointment of a guardian ad litem.
Reference
- Full Case Name
- Fleet National Bank, & others, trustees v. Sarah Elizabeth Kahn & others
- Cited By
- 3 cases
- Status
- Published