Law School Case Briefs
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Patton v. Sherwood
California Court of Appeal (2007) | 61 Cal. Rptr. 3d 289; 152 Cal. App. 4th 339; 2007 Cal. App. LEXIS 1011
TL;DR: Settlor of charitable remainder unitrusts (CRUTs) challenged trustee accounting. Court reversed lower court, holding settlor had standing due to reserved powers in trust and statutory interpretation of "beneficiary."
Legal Significance: Clarifies that a settlor of a charitable trust in California can have standing to enforce its terms, including objecting to accountings, if such powers are reserved in the trust instrument.