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CONN. GENERAL LIFE INS. v. FIRST NAT. BANK

Supreme Court of Minnesota (1977) | 262 N.W.2d 403

3 min read

TL;DR: A settlor's will, purporting to cancel all prior trusts, failed to revoke a life insurance trust because the trust instrument required a specific method of revocation—written notice to the trustee during the settlor's lifetime—which was not followed.

Legal Significance: This case affirms the majority rule that a revocable inter vivos trust cannot be revoked by will unless the trust instrument expressly permits it. The method of revocation specified in the trust document is exclusive.