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(Download) "Betty Harper Culbertson v. Continental" by Court of Appeals of Utah # Book PDF Kindle ePub Free

Betty Harper Culbertson v. Continental

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eBook details

  • Title: Betty Harper Culbertson v. Continental
  • Author : Court of Appeals of Utah
  • Release Date : January 04, 1981
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 64 KB

Description

MAUGHAN, Chief Justice Plaintiff, the widow of Joyce K. Culbertson, acting as executrix of his estate, initiated this action to have the proceeds of a profit-sharing plan and certain insurance policies awarded to decedents estate rather than to the designated beneficiary, the defendant, Beth Rowley Culbertson Conrad. Defendants, Continental Assurance Company and Chicago Bridge And Iron Company Profit-Sharing Plan Trust were dismissed from the action after the funds they held were given to the attorneys of the parties to be deposited jointly in a bank account, pending resolution of this action. Plaintiff moved for partial summary judgment seeking an award of the proceeds from the profit-sharing plan. Defendant, Conrad, moved for summary judgment seeking an award of all the proceeds, where she had been designated beneficiary. The trial court granted plaintiffs motion and awarded her the proceeds of the profit-sharing plan and partially granted Conrads motion, awarding her the proceeds of the insurance policies. Conrad, hereinafter identified as defendant, appeals and plaintiff cross-appeals therefrom. The award to defendant is affirmed, the award to plaintiff is reversed, and the cause is remanded to the trial court with an order to enter judgment awarding defendant the proceeds of the profit-sharing plan.


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