HELEN E. OTTO, Appellant, v. UNION NATIONAL BANK OF PASADENA et al., Respondents

38 Cal. 2d 233 ·

Supreme Court of California · Filed December 21, 1951

Published · citable Cited by 1

Holding

The court held that a provision in an inter vivos trust directing a trustee to retain a minor beneficiary's share until majority was void for unlawfully suspending the absolute power of alienation, but that this invalid provision was a severable modification of an otherwise valid absolute gift to the remaindermen.

Statutes construed

CIV § 715
CIV § 716
CIV § 771
CIV § 867

Cited by (1)

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