GRANEY v. CONNOLLY, 124 Me. 221 (1924)

126 A. 878 ELIZABETH E. GRANEY ET ALS., In Equity vs. JOSEPH E. F. CONNOLLY, TRUSTEE ET ALS. Supreme Judicial Court of Maine. Cumberland. Opinion December 23, 1924. A passive trust is one in which the trustee is a mere passive depositary of the trust property with no active duties to perform. A passive or […]

Read More