Hardy v. Mayhew
158 Cal. 95 ·
Supreme Court of California · Filed
Published · citable
Cited by 2
Holding
The court held that a beneficiary who receives property under a decree granting a life estate with a limited power to consume the principal for personal use does not acquire an absolute ownership interest, and therefore cannot make valid inter vivos gifts of the corpus that defeat the vested remainder interests of other beneficiaries.
Cited by (2)
- Estate of J. F. T. O'CONNOR, Deceased. MINNIE L. TREPANIER et al., Appellants, v. UNIVERSITY OF NORTH DAKOTA et al., Respondents (1958) 158 Cal. App. 2d 187
- GLADYS TORREGANO STEVENS, Appellant, v. ALFRED TORREGANO, Respondent (1961) 192 Cal. App. 2d 105