For summaries from opinions prior to August, 2018, view PDF versions here.
In the Matter of the Luella Taylor Trust and In the Matter of the Quentin L. Taylor Trust
Stanley R. Taylor and Gregory L. Taylor, Appellees
Attorney for Appellant
William K. Klinker
Attorney for Appellees
Kyle S. Irvin
Court of Appeals
Court of Appeals Opinion
Appeal from the Iowa District Court for O’Brien County, David A. Lester, Judge. REVERSED AND REMANDED. Heard by Tabor, P.J., and Mullins and Bower, JJ. Opinion by Tabor, J. (12 pages)
Bradley Taylor appeals the district court’s order interpreting language in his parents’ irrevocable trusts directing the sale of farmland. OPINION HOLDS: Because we find the settlors’ intent to extend Bradley an option to purchase the land beyond the three-year rental period was plain on the face of the distribution provision, we reverse and remand for a determination of the questions posed in the trustee’s application on the sale of the farm real estate to Bradley.