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In re Estate of Jackson
In the Matter of the Estate of Betty Jackson, Deceased.
Mike Jackson and Joann Callison, Co-Executors of the Estate of Betty Jackson, Appellants.
Attorney for Appellants
Matthew J. Hemphill
Attorney for Appellees
Fred L. Dorr
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Clarke County, Brad McCall, Judge. AFFIRMED IN PART, REVERSED IN PART, AND REMANDED. Considered by Schumacher, P.J., and Ahlers and Langholz, JJ. Opinion by Ahlers, J. (8 pages)
Co-executors of an estate appeal a district court order interpreting a provision in a will providing a beneficiary the opportunity to purchase real property from the estate. OPINION HOLDS: The clear and unambiguous language of the will does not support the purchase price of the property sought by the co-executors, so we do not disturb the purchase price set by the district court. However, the district court prematurely terminated the beneficiary’s rental obligation on the property prior to its purchase. We vacate the portion of the district court’s order providing specific financing options for the beneficiary. And we vacate the portion of the district court’s order holding the estate responsible for a portion of damages to the property.
