Bank of Am., N.A. v. Babcock

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The trustees of the Hollis W. Plimpton, Jr. Family Trust filed a complaint seeking a declaration that the trust as drafted correctly expressed the intent to the settlor that his estate be eligible to obtain the optimal benefit of allowable federal and state estate tax marital deductions. Alternatively, the trustees sought an order rewording a portion of the trust to ensure that it accomplished the settlor’s intent. The Supreme Judicial Court ordered that a judgment enter in the county court declaring that this was not a suitable occasion for the type of relief sought and dismissing the complaint, as the apparent objective of the parties - to insure by declaration or reformation that no person in the future misconstrues the document - is not something that justifies judicial involvement. View "Bank of Am., N.A. v. Babcock" on Justia Law