Shelley v. Shelley
223 Or. 328, 354 P. 2d 282 (1960)
Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
Settlor placed funds in trust for his wife and son Grant. It also directed that funds may be used for extraordinary and necessary expenses associated with the Grant's children. Under the terms of the trust, the beneficiaries were prohibited from alienating or assigning their interest in the trust. The instrument further provided that the beneficiaries'' interest in the trust could not be subject to attachment by creditors. Pursuant to a divorce decree, Grant was to pay alimony and child support, to P. After the divorce, Grant disappeared. P sued the trustee bank (D) to reach the trust assets. The lower court found for P. D appeals.
Issues
The legal issues presented in this case will be displayed here.
Holding & Decision
The court's holding and decision will be displayed here.
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
© 2007-2025 ABN Study Partner