DocketNumber: No. 5300
Judges: Levine
Filed Date: 11/3/1924
Status: Precedential
Modified Date: 11/12/2024
This was an action to declaré a trust. Magdalene Steffner and Adolph Steffner were owners in common of a certain parcel of real estate, a bank account and a first mortgage note. Magdalene Steffner died in Jan. 1922, leaving an undivided one-half interest in the above property. She left a will by the terms of which she gave all her husband for the period of his life and after his death to be divided equally between the children.' On the day of her death, Adolph Steffner signed'a deed conveying all his interest in said property to Charles Steffner, a son. A few days later the father also gave this son all the money in the bank for the purchase of an automobile. Still later the father made a will by the terms of which he specifically ratified the conveying of the real estate and gave the mortgage note to Edward Steffner and Arnie Steffner.
The father was in ill health during all of this time -and died a few weeks after the death of Magdalene Steffner. Edward1 Steffner filed suit to- have Charles Steffner declared a trustee1 of the property then'in his possession, insofar as it related to the undivided one-half
1. There was no contract ever entered into between the father and son for the future care and support of the father.
2. Taking into consideration the gross inadequacy of consideration, if there be a contract, the extreme ill health of the father and the other circumstances of the case, the conveyance can be characterized as fraudulent.