Court Refuses to Enforce Trust’s Arbitration Clause: A Trust is Not a Contract
Monday, 17 October 2022
The Virginia Supreme Court recently held in Boyle v. Anderson, that a Trust is not a contract. Therefore, the Trustee could not enforce the arbitration clause against the Trust’s beneficiaries. For background, the Grantor, Strother R. Anderson, created an Irrevocable Trust to be divided among three (3) surviving family members upon his death. The Trust
- Published in Estate Planning, Probate, Trust
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