California Court of Appeal

In a trustee's petition for settlement of first account and report and approval of attorney's fees over the objection of her deceased husband's four daughters from a prior marriage, trial court's order approving the trustee's accounting with two exceptions is affirmed where: 1) the partial liquidation exception of section 16350(d)(1)(A) applies and the trial court properly allocated the $3 million distribution to trust principal; 2) there is no merit in the daughters' contention that the trial court erred in approving the trustee's allocation to trust principal of charges totaling $39,293.63; 3) there is no merit in the daughters' contentions that the trial court erred in approving the allocation of $122,878.16 in interest expense to principal; and 4) trial court did not abuse its discretion in approving the payment form trust assets of the attorney's fees.

Appellate Information

• Decided 09/30/2010
• Published 09/30/2010

Judges

• BAMATTRE-MANOUKIAN

Court

• California Court of Appeal

Counsel

• For Appellant:
  
• Ellen McKissock, Richard W. Lund