Lund v. Wells Fargo Bank CA4/3
This appeal arises out of a dispute over distributions from the Walt Disney Family Trust (the Trust). Under the terms of the Trust, because Walt Disney’s children have died, the remaining beneficiaries are entitled to a final distribution of their share of the res of the trust. Petitioner Bradford Lund (Brad) is Walt Disney’s grandchild and is a beneficiary entitled to his share. At the time he became eligible for his final distribution, however, he was the subject of a conservatorship proceeding in Arizona, where he lives. In that proceeding, his sister Michelle Lund and two half-siblings alleged Brad has congenital cognitive defects and was subject to undue influence from his father and stepmother. In that proceeding, prior to the death of the heirs that triggered the final distribution, Brad and Wells Fargo Bank, N.A. (Wells Fargo), the sole remaining trustee, stipulated that monthly distributions would be made under certain conditions designed to mitigate the risk of undue
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