Wells Fargo Bank American Trust Co. v. Greuner

226 Cal. App. 2d 454 ·

California Court of Appeal · Filed

Published · citable

Holding

The court held that a trust established with life insurance proceeds was a voluntary trust, not expressly made irrevocable by its terms, and that the designated trustor, not the individual who furnished the consideration, retained the statutory power of revocation under Civil Code section 2280 even after the death of the insured.

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