Douglas Kelley, Executor of the Estate of Gregory Autenreith
v.
Savings Bank Primghar
Appellant
Douglas Kelley, Executor of the Estate of Gregory Autenreith
Appellee
Savings Bank Primghar
Attorney for the Appellant
Steve Hamilton
Attorney for the Appellee
Paul W. Deck Jr.
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for O’Brien County, Nancy L. Whittenburg, Judge. AFFIRMED. Considered by Ahlers, P.J., Langholz, J., and Danilson, S.J. Opinion by Langholz, J. (9 pages)
Douglas Kelley—the executor of a trust beneficiary’s estate—appeals the district court’s grant of summary judgment on the estate’s claim that the trustee, Savings Bank Primghar, negligently breached its fiduciary duty to the beneficiary. OPINION HOLDS: The bank did not violate any duty owed to the beneficiary as trustee under Iowa law. Because the beneficiary was provided a copy of the trust’s terms as required by the Iowa Trust Code and he never asked for any more information from the bank, it complied with all its duties under Iowa law.