Bixby v. California Trust Co.

33 Cal. 2d 495 ·

Supreme Court of California · Filed February 25, 1949

Published · citable Cited by 1

Holding

The court held that a trust instrument providing for the settlor to receive income for life, with the remainder to be distributed to his "heirs at law" upon his death, does not create valid remainder interests in those heirs but instead leaves the settlor as the sole beneficiary with a reversionary interest in the corpus.

Cited by (1)

AMMCO ORNAMENTAL IRON, INC., Plaintiff and Respondent, v. ROGER S. WING, Defendant and Appellant (1994) 26 Cal. App. 4th 409