This section contains the nature of the case and procedural background.

The remainder beneficiaries did not agree to the distribution of stock in kind on termination of a trust. The court ordered the stock to be sold within a reasonable time. The beneficiaries sued the trustee to hold him liable for the difference in the value of the stocks between the peak price following the life beneficiary's death and the price at which they were sold. The lower court denied that request. This appeal resulted.

The legal issues presented in this case will be displayed here.

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Legal analysis from Dean's Law Dictionary will be displayed here.