Estate of ROSE GENNETT MARTIN, Deceased. PATRICK M. MARTIN, Petitioner and Appellant, v. ALICE M. KARLEBACH, as Executor, etc., Objector and Respondent
72 Cal. App. 4th 1438 · B124420
California Court of Appeal, Second Appellate District · Filed
Holding
The court held that the probate court erred in denying a beneficiary's petition to void a sale of estate stock where the executor, acting in a dual capacity as a corporate officer and shareholder, arranged for the corporation to redeem the shares, thereby engaging in an indirect purchase of estate property in violation of Probate Code section 9880.
Statutes construed
- CCP § 1576
- CCP § 963
- PROB § 9880
Cited by (10)
- Estate of RAUL MIRAMONTES-NAJERA, Deceased. EVANGELINA B. MIRAMONTES, Petitioner and Appellant, v. SILVIA LIZARRAGA PRECIADO et al., Objectors and Respondents (2004) 118 Cal. App. 4th 750
- Estate of RAUL MIRAMONTES-NAJERA, Deceased. EVANGELINA B. MIRAMONTES, Petitioner and Appellant, v. SILVIA LIZARRAGA PRECIADO et al., Objectors and Respondents (2004) 118 Cal. App. 4th 750
- HELEN TOWNSEND McDONALD, Claimant and Appellant, v. STRUCTURED ASSET SALES, LLC, Objector and Respondent (2007) 154 Cal. App. 4th 1068
- HELEN TOWNSEND McDONALD, Claimant and Appellant, v. STRUCTURED ASSET SALES, LLC, Objector and Respondent (2007) 154 Cal. App. 4th 1068
- PATRICIA GRIDLEY et al., Plaintiffs and Appellants, v. MICHAEL A. GRIDLEY et al., Defendants and Respondents; MICHAEL A. GRIDLEY et al., Petitioners, v. THE SUPERIOR COURT OF THE CITY AND COUNTY OF SAN FRANCISCO, Respondent; PATRICIA GRIDLEY et al., Real Parties in Interest (2008) 166 Cal. App. 4th 1562
- PATRICIA GRIDLEY et al., Plaintiffs and Appellants, v. MICHAEL A. GRIDLEY et al., Defendants and Respondents; MICHAEL A. GRIDLEY et al., Petitioners, v. THE SUPERIOR COURT OF THE CITY AND COUNTY OF SAN FRANCISCO, Respondent; PATRICIA GRIDLEY et al., Real Parties in Interest (2008) 166 Cal. App. 4th 1562
- Estate of GRANT WILLIAM HASTIE, Deceased. STEVEN A. WEINKAUF, Petitioner and Respondent, v. TIMOTHY FLOREZ, Objector and Appellant (2010) 186 Cal. App. 4th 1285
- Estate of GRANT WILLIAM HASTIE, Deceased. STEVEN A. WEINKAUF, Petitioner and Respondent, v. TIMOTHY FLOREZ, Objector and Appellant (2010) 186 Cal. App. 4th 1285
- BONNIE KATZENSTEIN, as Trustee, etc., Plaintiff and Respondent, v. CHABAD OF POWAY, Defendant and Appellant (2015) 237 Cal. App. 4th 759
- BONNIE KATZENSTEIN, as Trustee, etc., Plaintiff and Respondent, v. CHABAD OF POWAY, Defendant and Appellant (2015) 237 Cal. App. 4th 759
Authorities cited (4)
- Boyd v. Blankman 29 Cal. 19
- O'Connor v. Flynn 57 Cal. 293
- Estate of MARY SANDERS, Deceased. SARA SANDERS et al., Petitioners and Appellants, v. FRANK C. SUTTON, as Executor, etc., Objector and Respondent 40 Cal.3d 607
- DANA VARNEY, Petitioner, v. THE SUPERIOR COURT OF ORANGE COUNTY, Respondent; FRANCES ANTOLIN, as Executrix, etc., Real Party in Interest 10 Cal.App.4th 1092