In the Matter of the R.J. Wenck Trust
In the Matter of the Trust of the R.J. Wenck Trust under the last will/testament of Lanny L. Wenck
Anthony Wenck, Brenda Holt, and Kris McDonald, Appellants
Attorneys for Appellants
Billy J. Mallory
Trevor A. Jordison
Attorney for Appellee Trust
Robert C. Gainer
Attorney for Appellee Lifetime Beneficiary
James R. Monroe
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Madison County, Martha L. Mertz, Judge. AFFIRMED. Considered by Ahlers, P.J., and Chicchelly and Buller, JJ. Opinion by Ahlers, P.J. (5 pages)
Remainder beneficiaries appeal the district court and trustee’s approval of a $30,000 distribution from a trust’s principal to help fund the lifetime beneficiary’s criminal defense in an unrelated matter. OPINION HOLDS: The trustee did not abuse his discretion when approving the distribution, and the distribution does not violate the trust’s spendthrift clause.
