[Download] "Exchange National Bank of Colorado Springs v. Sparkman" by Supreme Court of Florida ~ eBook PDF Kindle ePub Free
eBook details
- Title: Exchange National Bank of Colorado Springs v. Sparkman
- Author : Supreme Court of Florida
- Release Date : January 13, 1976
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 72 KB
Description
Sarah A. Sparkman died intestate in 1972. An heir, Charles Sparkman, commenced an action to have an inter vivos or revocable living trust declared invalid. The validity of the trust was upheld in the trial court. In a series of modified opinions, the court of appeals ultimately held that the trust was invalid because the transfer of certain securities did not comply with the Uniform Stock Transfer Act, C.R.S. 1963, 31-11-1, and because of lack of proof of the proper transfer of certain bonds. It further held that these findings deprived the trust of a corpus and, therefore, invalidated the trust. Sparkman v. Exchange National Bank, 36 Colo. App. 287, 541 P.2d 111 (1975). We granted certiorari and now reverse the Colorado Court of Appeals and remand with directions to affirm the trial court.
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