Eugene N Hansen

November 18, 2015 | New York Law Journal

Elliot E. Polebaum and Eugene N. Hansen write that the straightforward Navarro rule—that the citizenship of the trustee determines the citizenship of the trust for purposes of federal court diversity jurisdiction—no longer applies in at least three circuits. These courts have applied a later Supreme Court decision to hold that the citizenship of trust beneficiaries must be considered in determining the citizenship of a trust, a conflict the Supreme Court has decided to address.

By Elliot E. Polebaum and Eugene N. Hansen

12 minute read

November 17, 2015 | New York Law Journal

Elliot E. Polebaum and Eugene N. Hansen write that the straightforward Navarro rule—that the citizenship of the trustee determines the citizenship of the trust for purposes of federal court diversity jurisdiction—no longer applies in at least three circuits. These courts have applied a later Supreme Court decision to hold that the citizenship of trust beneficiaries must be considered in determining the citizenship of a trust, a conflict the Supreme Court has decided to address.

By Elliot E. Polebaum and Eugene N. Hansen

12 minute read