Frankye Keisling v. Lynn Landrum, as Trustee of the Alfred Fate Keisling Trust, Tom Alfred Keisling, Leslie Diane Keisling Perkins and Michael Kevin Keisling

CourtCourt of Appeals of Texas
DecidedJanuary 11, 2007
Docket02-06-00008-CV
StatusPublished

This text of Frankye Keisling v. Lynn Landrum, as Trustee of the Alfred Fate Keisling Trust, Tom Alfred Keisling, Leslie Diane Keisling Perkins and Michael Kevin Keisling (Frankye Keisling v. Lynn Landrum, as Trustee of the Alfred Fate Keisling Trust, Tom Alfred Keisling, Leslie Diane Keisling Perkins and Michael Kevin Keisling) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Frankye Keisling v. Lynn Landrum, as Trustee of the Alfred Fate Keisling Trust, Tom Alfred Keisling, Leslie Diane Keisling Perkins and Michael Kevin Keisling, (Tex. Ct. App. 2007).

Opinion

                                      COURT OF APPEALS

                                       SECOND DISTRICT OF TEXAS

                                                   FORT WORTH

                                        NO. 2-06-008-CV

FRANKYE KEISLING                                                             APPELLANT

                                                   V.

LYNN LANDRUM, AS TRUSTEE OF THE                                   APPELLEES

ALFRED FATE KEISLING TRUST, TOM ALFRED

KEISLING, LESLIE DIANE KEISLING PERKINS, AND

MICHAEL KEVIN KEISLING

                                              ------------

             FROM THE 89TH DISTRICT COURT OF WICHITA COUNTY

                                             OPINION

I.  Introduction


Appellant Frankye Keisling, individually and as primary beneficiary under the Alfred Fate Keisling Trust, appeals from a declaratory judgment that prevents her from receiving trust distributions until her Aother financial resources@ are depleted save one home and one vehicle.  In three issues, appellant argues that the trial court erred (1) in its construction of the terms of the trust, (2) by failing to find that appellant was entitled to distributions from the trust since Fate Keisling=s death, and (3) by not awarding attorney=s fees to appellant.  We reverse and remand.

II.  Background Facts

Fate and appellant married on April 26, 1997, in Ruidoso, New Mexico, and stayed married until Fate=s death on July 25, 2000.  Fate and appellant had both been in prior, long-term marriages.  Before marrying Fate, appellant worked at Huff=s Furniture Galleries for thirty-two years, starting out as a secretary and eventually becoming a licensed interior designer.  After marrying Fate, appellant quit working because Fate wanted her to travel with him.  Appellant was earning a salary of approximately $70,000 a year when she stopped working.

Prior to marrying, Fate and appellant entered into an Agreement in Contemplation of Marriage (Apre-nup@).  At the time of their marriage, Fate had significantly more assets than appellant; Fate=s assets were in excess of $1.3 million while appellant=s were approximately $300,000.  Although Fate and appellant signed a pre-nup, Fate agreed to provide for the couple=s standard of living and to pay appellant=s mortgage, property taxes, and for repairs and maintenance for her home in Wichita Falls, Texas.  Fate also granted appellant a life estate in his Ruidoso cabin.


During their three-year marriage, Fate and appellant enjoyed a high standard of living.  They maintained a home in Wichita Falls, a home in Lubbock, and a cabin in Ruidoso.  They had five vehicles, went on cruises to Alaska and Panama, and traveled throughout Texas and to Washington, D.C.  Before he died, Fate also planned a trip for them to Carmel, California.

Fate died on July 25, 2000, leaving a testamentary trust for the benefit of appellant and his children from his earlier marriage.  Except for personal effects and nontestamentary transfers, Fate=s entire estate passed to the trust, including all of his interests in real property.

Lynn Landrum was good friends with Fate and his first wife, Jeanie Keisling, who died a year before Fate married appellant.  Lynn served as the executor of Fate=s estate and as the trustee of Fate=s trust.  After Fate died, Lynn made no trust distributions to appellant, reasoning that appellant was not entitled to distributions until she exhausted all of her Aother financial resources,@ which included everything save one home and one vehicle.


Having received no trust income or principal distributions, appellant filed suit on May 31, 2002, under the Texas Declaratory Judgment Act and the Texas Trust Code for the court to declare the terms of the trust and the distributions to be made to her.  Appellant also joined Fate=s children (Aappellees@) as interested parties.  After hearing evidence from both parties, the trial court determined that the trust language was ambiguous and that Fate had not intended for appellant to receive distributions from the trust until she had exhausted all of her Aother financial resources,@ meaning income and assets, except for one home and one vehicle.

III.  Appellant=s Issues on Appeal

Appellant=s first issue is dispositive, as this case=s outcome depends on whether the trial court=s interpretation of the phrase Aother financial resources@ in the trust is correct. 

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Frankye Keisling v. Lynn Landrum, as Trustee of the Alfred Fate Keisling Trust, Tom Alfred Keisling, Leslie Diane Keisling Perkins and Michael Kevin Keisling, Counsel Stack Legal Research, https://law.counselstack.com/opinion/frankye-keisling-v-lynn-landrum-as-trustee-of-the-alfred-fate-keisling-texapp-2007.