X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In 1994, James Richards established an inter vivos trust and named his three minor children as the beneficiaries. Janet Richards, his wife at the time, was a trustee. In 2000, the parties divorced and, as a consequence, Ms. Richards was no longer trustee. The settlement agreement provided that Mr. Richards would pay $2000 per month in child support based, in part, upon the existence of the trust and the parties’ “anticipation that the assets maintained and the income generated by the Trust are sufficient to cover any expenses of the children incurred above and beyond the child support . . . .” The trust agreement itself provided, in relevant part, that the children would receive “all income, in annual or more frequent installments,” and that the trustee was authorized to encroach on the principal in such amounts as the trustee “may deem necessary to provide for the support and education” of the children. Eventually, Mr. Richards remarried and his new wife, Julie Richards, became a trustee. After Mr. Richards’ remarriage, the former Mrs. Richards hereinafter Appellant filed suit against him and his second wife hereinafter Appellees. She asserted, on behalf of herself and the children, various claims, including breach of the trust agreement, removal of the trustee and appointment of a receiver. After the trial court appointed a guardian ad litem to represent the interests of the children, who are the sole beneficiaries of the trust, Appellees moved for summary judgment against Appellant individually. Appellant, in turn, moved for partial summary judgment. The trial court granted Appellees’ motion, concluding that Appellant was not an “interested person” and, thus, lacked the requisite standing to maintain the action in her individual capacity. Appellant appeals from the order of the trial court.

1. “A trustee may be removed . . . upon application to the superior court by any interested person showing good cause.” OCGA § 53-12-176 a 2. OCGA § 53-12-2 4 defines an “interested person” as a trustee, beneficiary, or any other person having an interest in or claim against the trust. This meaning, as it relates to particular persons, may vary from time to time and must be determined according to the particular purposes of and matter involved in any proceeding. Appellant is not a trustee or a beneficiary of the trust. Nevertheless, she urges that she is an “interested person” within the meaning of OCGA § 53-12-2 4 because she has “an interest in or claim against the trust” resulting from her routine provision of funds for the support of the children. Appellant asserts that these payments represent “advances” by her of sums that the trust owes to the children, for which she is entitled to seek reimbursement from the trust.

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
May 01, 2025
Atlanta, GA

The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.


Learn More
February 24, 2025 - February 26, 2025
Las Vegas, NV

This conference aims to help insurers and litigators better manage complex claims and litigation.


Learn More
March 24, 2025
New York, NY

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.


Learn More

Boutique Law Firm in Englewood Cliffs, NJ is seeking an Experienced Commercial Real Estate/Transactional Attorney for a full-time position. ...


Apply Now ›

Boutique Law Firm in Englewood Cliffs, New Jersey is seeking a Litigation Associate NJ Bar admission required. NY admission a plus but is no...


Apply Now ›

AttorneyJob Code: LEP023Pay Grade: NFLSA Status: ExemptLegal UnitJob Description:This position reports directly to the Chief Legal Officer, ...


Apply Now ›