- 6 - First Claim for Relief--Cancellation, Revocation and Recision of the Trust; Second Claim for Relief--Conversion/Fraud; Third Claim for Relief--Tortious Interference with Expectancy; Fourth Claim for Relief--Constructive Trust; and Fifth Claim for Relief--Punitive Damages. Each of the claims for relief contained or incorporated allegations (1) that Mr. Stevens "was mentally incompetent and/or did not possess sufficient mental comprehension to understand his actions in signing the Trust documents"; (2) petitioner and Sedra "caused, induced, deluded, misled, forced, and/or unduly influenced [Mr. Stevens] into signing" the Trust documents; and (3) the Trust documents "are invalid testamentary documents and void as a matter of law". None of the claims for relief in the lawsuit contained any allegation that petitioner improperly distributed Trust income, failed to carry out a provision of the Trust Agreement, failed to render an accounting to Trust beneficiaries, or otherwise failed to administer the Trust properly. Petitioner was advised by her attorneys that it was her duty, as Trustee, to defend against the lawsuit and to take a position in support of the validity of the Trust Agreement.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: May 25, 2011