Trust Voided for Fraud in the Inducement

An irrevocable trust created by a husband and wife will be voided for fraud upon the petition of the wife when the wife was not involved in the planning of the trust or the selection of marital assets to be placed in the trust and the husband had purchased other properties with marital assets that were not known to the wife and omitted those properties from the assets included in the trust, while wife believed that the trust was intended to hold all of their marital assets.  Passarelli Family Trust, 7 Fid.Rep.3d 63 (O.C. Chester Co. 2016).

Print Friendly

Comments are closed.