In the Matter of the Friberg Family 2016 Trust

CourtNew Jersey Superior Court Appellate Division
DecidedJanuary 16, 2026
DocketA-3023-23
StatusUnpublished

This text of In the Matter of the Friberg Family 2016 Trust (In the Matter of the Friberg Family 2016 Trust) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In the Matter of the Friberg Family 2016 Trust, (N.J. Ct. App. 2026).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited . R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-3023-23

IN THE MATTER OF THE FRIBERG FAMILY 2016 TRUST. _____________________________

Submitted September 10, 2025 – Decided January 16, 2026

Before Judges Gummer and Vanek.

On appeal from the Superior Court of New Jersey, Chancery Division, Monmouth County, Docket No. P- 000410-22.

Goldstein Law Group, LLC, attorneys for appellant Keith Friberg (Mark Goldstein and Jared Goldstein, of counsel and on the briefs).

Archer & Greiner, PC, attorneys for respondent Robert Friberg (Andrew J. Cevasco, of counsel and on the brief; Heather B. Roth, on the brief).

PER CURIAM

In a case involving a trust established by his mother Barbara Friberg,

defendant Keith Friberg appeals from an order and an amended order granting a

summary-judgment motion filed by his brother, plaintiff Robert Friberg, and an order denying his reconsideration motion.1 Perceiving no error or abuse of

discretion by the trial court, we affirm.

I.

In an August 8, 2016 irrevocable trust agreement, Barbara, as grantor,

created the Friberg Family 2016 Trust (Trust). In the trust agreement, Barbara

relinquished the right "to alter, amend, revoke or terminate this [t]rust

[a]greement and the trusts created hereby."

As set forth in the trust agreement, Barbara granted two properties to the

Trust. One property was located in Little Silver, New Jersey; the other was

located in Singer Island, Florida. Barbara retained a life estate in the properties.

Consistent with the trust agreement, on August 8, 2016, Barbara signed deeds

in the presence of a New Jersey notary transferring ownership of the properties

to the Trust. The deed for the New Jersey property was recorded on September

28, 2016; the deed for the Florida property was recorded on December 29, 2016.

Barbara named her two sons, Robert and Keith, as trustees and

beneficiaries of the Trust. The trust agreement provided that "[w]hile there are

two [t]rustees serving hereunder, all decisions shall be unanimous." The trust

1 Because of the shared last name of the Friberg family members, we refer to them by their first names for clarity. We intend no disrespect by doing so. A-3023-23 2 agreement required the trustees "to designate one of their number as the

[m]anaging [t]rustee to handle day-to-day and ministerial responsibilities for the

Trust." Under the trust agreement, "[m]ajor actions, such as entering into a

contract to purchase or sell real property, . . . require[d] all [t]rustees then

serving to join in such action." The trust agreement named Robert as the

managing trustee. The trust agreement also provided it would be governed by

the laws of the State of Florida. According to the trust agreement, on Barbara's

death, the Trust would terminate and the trustees were required to distribute "the

principal and any undistributed and accumulated income remaining in the Trust

to [Barbara's] then living issue, per stirpes . . . ."

Barbara and Robert executed the trust agreement on August 8, 2016, in

New Jersey. According to the lawyer who had prepared the trust agreement,

Keith refused to sign the trust agreement if Robert were the managing trustee.

On September 15, 2016, Robert renounced in writing his appointment as

managing trustee. The renunciation stated: "[t]he effect of this renunciation is

that all actions of the trustees must be made jointly by the trustees, until such

time as they decide to appoint one of them as [m]anaging [t]rustee . . . ."

The record contains two documents dated December 8, 2016, that Barbara

apparently signed and addressed "To Whom It May Concern." In one document,

A-3023-23 3 she appointed Keith as the managing trustee of the Trust. That document

provided that Keith "as [m]anaging [t]rustee [could] exercise his power

unilaterally with no input required from the [t]rust [b]eneficiaries." In the other

document, Barbara "gift[ed] the residence in Florida to Keith" and stated Keith

"at his discretion . . . [could] determine whether to keep in family trust if Robert

. . . agrees to share in expenses ([t]axes and HOA [f]ees) upon Keith['s] purchase

of a house." Keith executed the trust agreement on December 8, 2016.

On April 4, 2022, Barbara passed away. According to a HUD-1

Settlement Statement,2 "Keith Friberg, Trustee of the Friberg Family 2016

Trust," sold the New Jersey property on August 31, 2022, yielding $856,592.19

in net proceeds. On that day, $856,592.19 was wired into a TD Bank account

Keith had opened in the name of the Trust, with himself listed as trustee. By

September 12, 2022, the account had a balance of $200. Documents

subsequently obtained from TD Bank indicate funds from the Trust account had

been transferred to Keith's personal account at TD Bank on various dates in

September 2022. Those records also show the amounts of $700,000 and

2 "A HUD-1 is a standard real estate settlement form that the Real Estate Settlement Procedures Act requires in connection with all mortgage loans that are covered by federal law." In re Cmty. Bank of N. Va. Mortg. Lending Practices Litig., PNC Bank NA, 795 F.3d 380, 403 (3d Cir. 2015) (citing 12 U.S.C. § 2603). A-3023-23 4 $145,000 were wired from Keith's personal TD Bank account to an account at a

brokerage firm, respectively on September 6 and 12, 2022.

In a September 12, 2022 letter to Keith, Robert's counsel demanded "an

immediate release to [Robert] of one half of the sale proceeds." Counsel

contended Robert did not have access to the account into which the sale proceeds

had been deposited. Counsel stated that if Keith did not release the funds by

September 16, 2022, he would file an application for an order to show cause

seeking Keith's removal as trustee.

In a verified complaint filed on November 4, 2022, Robert alleged the

proceeds from the sale of the New Jersey property had been delivered to Keith's

control without Robert's knowledge or approval; the December 8, 2016

document in which Barbara purportedly appointed Keith as the managing trustee

was null and void because Barbara had relinquished the right to amend the

irrevocable Trust when she created it; and Keith's retention of the proceeds from

the sale of the New Jersey property had violated the terms of the Trust. Robert

asserted Keith had breached his fiduciary duty, had engaged in unlawful

conversion and fraud, and had been unjustly enriched. He sought entry of an

order to show cause and removal of Keith as trustee, delivery of the proceeds of

the sale to be held and distributed pursuant to the terms of the trust agreement,

A-3023-23 5 an accounting of Keith's actions as trustee, compensatory and punitive damages,

and counsel fees.

The trial court entered an order to show cause on November 28, 2022,

requiring Keith to respond by January 11, 2023. 3 On January 9, 2023, Keith,

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In the Matter of the Friberg Family 2016 Trust, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-the-matter-of-the-friberg-family-2016-trust-njsuperctappdiv-2026.