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The Fourth Appellate District of California has reversed a Superior Court decision, and ruled that Thomas W. Sefton Jr., a son of prominent banker Thomas W. Sefton Sr., who died in 2006, should share in his father's estate. Thomas W. Sefton Jr.'s grandfather, who died in 1966, had said in his will that three of his grandchildren, Laurie, Harley and Thomas Sefton Jr., should get substantial shares of his estate. Thomas W. Sefton Sr. excluded Thomas Jr., from his will. After Thomas Sr.'s death, Thomas Jr. filed suit against Harley and Wells Fargo Bank, trustee for Laurie. The trial court ruled in favor of the defendants, but the appellate court ruled, in essence, that the grandfather's wishes must be honored for a variety of legal reasons. The case has been remanded to the trial court.
The Fourth Appellate District of California has reversed a Superior Court decision, and ruled that Thomas W. Sefton Jr., a son of prominent banker Thomas W. Sefton Sr., who died in 2006, should share in his father's estate. Thomas W. Sefton Jr.'s grandfather, who died in 1966, had said in his will that three of his grandchildren, Laurie, Harley and Thomas Sefton Jr., should get substantial shares of his estate. Thomas W. Sefton Sr. excluded Thomas Jr., from his will. After Thomas Sr.'s death, Thomas Jr. filed suit against Harley and Wells Fargo Bank, trustee for Laurie. The trial court ruled in favor of the defendants, but the appellate court ruled, in essence, that the grandfather's wishes must be honored for a variety of legal reasons. The case has been remanded to the trial court.