- 6 - On August 31, 1993, Attorney Michele Hilden Willard was appointed by the common pleas court as trustee of the Thomas Trust. On October 5, 1993, the common pleas court entered a pretrial order (agreed to by the parties), which decreed that the Thomas Trust terminated upon the death of decedent and that defendant Lester W. Bigley was entitled to a deed to the real property that he had purchased from the Thomas Trust prior to decedent's death. Additionally, the common pleas court ordered the trustee to file an inventory of the trust assets, to which each party would have the right to file an objection. The trustee filed an inventory of Thomas Trust assets with the common pleas court on October 28, 1993. Both parties, decedent's estate and Mr. Thomas, filed objections, and hearings were held on December 10 and 14. On December 21, 1993, the common pleas court entered an order directing that all assets of the Thomas Trust in excess of $27,500 should be distributed equally to its two remaining beneficiaries; i.e., decedent's estate and Mr. Thomas. On November 18, 1994, the common pleas court entered a Judgment Entry of Dismissal with Prejudice, ordering that: (1) 150 shares of Thomas, Inc. stock be distributed equally to decedent's estate and Mr. Thomas, (2) remaining parcels of real estate be distributed to Mr. Thomas, and (3) all remaining cash and cash equivalents minus the trustee's fee and a $1,000Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011