First Interstate Bank, Trustee of the Declaration of Trust of Morton A. Ives Dated June 19, 1990 v. Michael Ives, Kurtis Kammerer, and Cynthia Kammerer

CourtDistrict Court, D. Nebraska
DecidedMarch 26, 2026
Docket8:25-cv-00597
StatusUnknown

This text of First Interstate Bank, Trustee of the Declaration of Trust of Morton A. Ives Dated June 19, 1990 v. Michael Ives, Kurtis Kammerer, and Cynthia Kammerer (First Interstate Bank, Trustee of the Declaration of Trust of Morton A. Ives Dated June 19, 1990 v. Michael Ives, Kurtis Kammerer, and Cynthia Kammerer) is published on Counsel Stack Legal Research, covering District Court, D. Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
First Interstate Bank, Trustee of the Declaration of Trust of Morton A. Ives Dated June 19, 1990 v. Michael Ives, Kurtis Kammerer, and Cynthia Kammerer, (D. Neb. 2026).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEBRASKA

FIRST INTERSTATE BANK, Trustee of the Declaration of Trust of Morton A. Ives Dated June 19, 1990, 8:25CV597

Plaintiff, MEMORANDUM AND ORDER vs. REGARDING MOTIONS TO DISMISS PLAINTIFF’S FRAUD CLAIM MICHAEL IVES, KURTIS KAMMERER, and CYNTHIA KAMMERER,

Defendants.

Plaintiff First Interstate Bank (FIB), as the successor Trustee of the Declaration of Trust of Morton A. Ives,1 has brought this suit against Defendants Michael Ives, Cynthia Kammerer, and Kurtis Kammerer, who appear to be relatives of the last trust beneficiary, Sandy Ives. Filing 1 at 1 (unnumbered paragraph).2 FIB alleges—at least primarily—that “[t]his is a fraud case that involves payments made pursuant to the terms and conditions of a trust” based on allegations that Defendants continued to take for their own use Trust payments made to Sandy Ives for more than eight years without notifying FIB that Sandy Ives had died. Filing 1 at 1–2 (¶ 1). The Complaint alleges claims of fraud by non-disclosure, unjust enrichment, money had and received, and conversion. The Kammerers jointly and Michael Ives separately have moved to dismiss only the fraud claim against them pursuant to Federal Rules of Civil Procedure 12(b)(6) and 9(b). Filing 23; Filing 25. For the reasons stated below, the Motions to Dismiss the fraud claim are granted.

1 More specifically, FIB alleges that it has brought this lawsuit “on its own behalf and as successor by merger with Great Western Bank, successor by merger with Farmers & Merchants Bank & Trust of Watertown, South Dakota,” which was “Trustee of the Declaration of Trust of Morton A. Ives Trust dated June 19, 1990, as amended and reformed.” Filing 1 at 1 (unnumbered paragraph). 2 The precise relationship of Defendants to either Morton A. Ives or the last beneficiary is not expressly alleged in the Complaint. I. INTRODUCTION A. Factual Background On Motions to Dismiss pursuant to Federal Rule of Civil Procedure 12(b)(6), the Court considers the allegations from the Complaint as true—to the extent that they are nonconclusory— for the purposes of ruling on the Motions. See Bauer v. AGA Serv. Co., 25 F.4th 587, 589 (8th Cir. 2022) (citing Pietoso, Inc. v. Republic Servs., Inc., 4 F.4th 620, 622 (8th Cir. 2021)). Thus, this

statement of the factual background is drawn from the Complaint. 1. The Trust FIB alleges the following about the Trust from which its lawsuit springs: 10. On June 19, 1990, Morton A. Ives created a trust for the benefit of Charles and Sandy Ives (the “Trust”). 11. The Trust provides in pertinent part as follows: Upon the death of Morton A. Ives, the trustee shall “pay to my son, Charles Ives, the sum of SIXTY THOUSAND AND NO/100 ($60,000.00) Dollars per year during his lifetime, in monthly installments of FIVE THOUSAND AND NO/100 ($5,000.00); and upon his death, or if he has predeceased his wife Sandy Ives, the Trustee shall pay unto SANDY IVES the sum of THIRTY THOUSAND AND NO/100 ($30,000.00) Dollars per year in equal monthly installments of $2,500.00 each.” 12. The Trust further provides as follows: “After the death of both Charles Ives and Sandy Ives, all of the assets of the Trust then remaining shall be forthwith paid over to the organization[s] named in subparagraph No. 9 hereof, in equal shares, and thereafter the Trust shall terminate.” 13. The organizations named in subparagraph 9 include the Boys Club of Omaha, Inc. n/k/a Boys & Girls Club of Omaha, Inc., the Jewish Federation of Omaha, Temple Israel, and the Jewish Home and Hospital for the Aged (collectively, the “Remainder Beneficiaries”). Filing 1 at 3–4 (¶¶ 10–13) (emphasis in the original). The Trust document is not attached to the Complaint or otherwise made a part of the record. 2. Charles Ives’s Death and Subsequent Events Charles Ives predeceased his wife Sandy in 2008. Filing 1 at 4 (¶ 14). Pursuant to the terms of the Trust, the Trustee thereafter made monthly distributions in the amount of $2,500.00 to Sandy, together with the benefit of the payment of all taxes associated with such distributions. Filing 1 at 4 (¶ 15). Those distributions were deposited into a daily deposit account maintained at

Wells Fargo Bank pursuant to an ACH Authorization. Filing 1 at 4 (¶ 16). After Charles Ives’s death, Sandy signed a series of Relationship Change Applications. See Filing 1 at 4–5 (¶¶ 17–20). First, she removed Charles Ives from the account on June 12, 2008. See Filing 1-2 at 2–3. She then added Michael Ives as a secondary joint owner on July 17, 2008. See Filing 1-3 at 2–4 (also signed by Michael Ives). Next, she removed Michael Ives from the account on June 3, 2010. See Filing 1–4 at 2–3 (also signed by Michael Ives). However, she then added Michael Ives back to the account and notified Wells Fargo of her change of address on May 14, 2015. see Filing 1-5 at 2–4 (also signed by Michael Ives). Sandy passed away on or about September 21, 2015. Filing 1 at 5 (¶ 24). FIB alleges that her death terminated her entitlement to distributions from the Trust. Filing 1 at 5 (¶ 25). However,

this allegation is a conclusion of law that the Court need not accept as true. Dalen v. Harpstead, 123 F.4th 900, 903–04 (8th Cir. 2024). 3. Trust Payments after Sandy’s Death FIB alleges that Michael Ives, Cynthia Kammerer, and Kurtis Kammerer each failed to notify FIB of Sandy’s death until at least 2024. Filing 1 at 5 (¶¶ 26–28). FIB alleges that it received no notification of Sandy’s death and was not aware of her death until on or about March 1, 2024, but FIB does not allege how or when it learned of her death. Filing 1 at 5 (¶ 29). Indeed, after Sandy passed away, FIB continued to make monthly distributions to her account in the amount of $2,500.00 until February 2024—for more than eight years—for a total of $219,300.00 plus payment of $34,850.00 in state and federal taxes associated with the distributions. Filing 1 at 6 (¶¶ 30–31). FIB alleges that Michael Ives distributed $19,968.57 of the funds from the Trust to Kurtis Kammerer and distributed $41,600.00 of the funds from the Trust to Cynthia, which the Kammerers allegedly used for their own benefit. Filing 1 at 6 (¶¶ 33–35). Michael Ives allegedly

received all the funds and used them—or at least the funds not distributed to the Kammerers—for his own benefit. Filing 1 at 6 (¶ 32). The Defendants receipt and use of the funds allegedly occurred notwithstanding that “upon information and belief” of FIB, each Defendant “was aware of the Trust and that Sandy was the last remaining lifetime beneficiary of the Trust entitled to receive periodic distributions therefrom.” Filing 1 at 5 (¶¶ 21–23). FIB alleges further, On or about August 13, 2024, the Bank entered into a settlement agreement with all Remainder Beneficiaries. Per the terms of the settlement agreement, the Bank paid $254,250.00 to the corpus of the Trust. Further, the Remainder Beneficiaries individually and collectively assigned to the Bank any and all claims that they may have against Defendants arising from distributions made to one or more Defendants. Filing 1 at 6 (¶ 36). B. Procedural Background On June 16, 2025, FIB filed this lawsuit against Defendants in the United States District Court for the Western District of Texas, San Antonio Division. Filing 1. As mentioned above, the Complaint alleges claims of fraud by non-disclosure, unjust enrichment, money had and received, and conversion, but only the fraud claim is at issue on the Motions presently before the Court.

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First Interstate Bank, Trustee of the Declaration of Trust of Morton A. Ives Dated June 19, 1990 v. Michael Ives, Kurtis Kammerer, and Cynthia Kammerer, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-interstate-bank-trustee-of-the-declaration-of-trust-of-morton-a-ned-2026.