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Bank can’t remove trust claim to federal court

Bank can’t remove trust claim to federal court

Bank can’t remove trust claim to federal court

A bank trustee cannot remove the claim by several charities for breach of fiduciary duty to federal court merely because they argue that the trust was intended to qualify as a charitable remainder trust under federal law, a federal District Court in California has held. It has remanded the case back to state court where it was originally filed. When Frank Anderson died in 1967, he left a trust for his grandson and another for his daughter, which merged into the one for his grandson when his daughter died in 1971. The remainder was designated for Shriners Hospital for Children, American Heart Association, and American Cancer Society, The grandson’s trust called for a payment of $100 per...

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