In the Matter of the Trust Under the Will of Wilhelm A. Youngerman

CourtCourt of Appeals of Iowa
DecidedNovember 21, 2023
Docket22-1761
StatusPublished

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In the Matter of the Trust Under the Will of Wilhelm A. Youngerman, (iowactapp 2023).

Opinion

IN THE COURT OF APPEALS OF IOWA

No. 22-1761 Filed November 21, 2023

IN THE MATTER OF THE TRUST UNDER THE WILL OF WILHELM A. YOUNGERMAN,

ALVIN M. MARTH, Appellant. ________________________________________________________________

Appeal from the Iowa District Court for Floyd County, DeDra Schroeder,

Judge.

The estate of Susan Marth appeals an order approving distribution of land

under the terms of a testamentary trust. AFFIRMED.

Todd P. Prichard and Caifang Deng of Walk, Prichard, Baresel & Murphy,

PC, Charles City, for appellant.

Patrick G. Vickers of Vickers Law Office, Greene, and Bradley D. Sloter of

Noah, Smith, Schuknecht & Sloter, P.L.C., Charles City, for appellees.

Considered by Bower, C.J., and Buller and Langholz, JJ. 2

BOWER, Chief Judge.

The estate of Susan Marth appeals an order approving distribution of land

under the terms of a testamentary trust. Upon our review, we affirm.

I. Background Facts and Proceedings

This dispute concerns opposition to a final report proposing distribution and

termination of a trust. Wilhelm Youngerman and Helen Youngerman were married

and had four children: David Youngerman, Susan Marth, Judith Brooks, and

William Youngerman. Wilhelm died testate in 1985. His will, dated

September 25, 1981, created a trust. The will read, in part:

Article IV: The residue of my estate not effectively disposed of by previous provisions of this Will, I give to the First Security Bank and Trust Company of Charles City, Iowa, as Trustee. This trust (herein referred to as the “Residuary Trust”) shall bear my name, and shall be held, administered and disposed of as follows: A. During the life of my wife, Helen Youngerman, the Corporate Trustee shall pay over to her all of the net income and so much of the principal of the trust as the Corporate Trustee, in its discretion, deems advisable to provide for care, support, maintenance, comfort and welfare. B. Upon the death of my wife and when all my living children are twenty-five (25) years of age or older, the Corporate Trustee shall divide the “Residuary Trust” together with any property received or receivable from any source into equal shares so as to create one share for each then living child of mine, and one share for the then living children, collectively, of each child of mine who is then deceased. Each share so created shall be held and distributed as follows: 1. With respect to each share, if any, created for a child of mine then living the Trustees shall distribute his or her share and the trust as to said child shall terminate. 2. With respect to each share, if any, created for the then living children, collectively, of a child of mine who is then deceased, that share shall be paid over and distributed outright in equal shares to those living grandchildren of mine. .... Article VII: My Executors and my Trustees are empowered to do all things necessary or convenient for the orderly and efficient administration of my estate and the trust hereunder and generally to 3

have manage and control my said estate and trust as fully as I might, if living, do myself with respect to my own property. Without limiting this general grant of power by the following enumeration, my Executors and my Trustees, or any substitute or successor, shall possess the absolute discretions and powers: .... M. To make division or distribution in money or kind or part in either at values to be determined by my Executors or Trustees, and the judgment of either in such respects shall be binding upon all interested parties.

As noted in the will, during her lifetime Helen was the sole beneficiary of the

trust. Helen died in 2019, survived by three of her four children—David, Susan,

and Judith. William predeceased her. Under the terms of the will, the estate was

to be split between the surviving children and the issue of any deceased child. At

the time of Helen’s passing, three assets were held by the trust—a 106-acre parcel

of agricultural real estate in Floyd County, a wind farm lease located on the parcel,

and a checking account.

Upon Helen’s death, the trust, acting through successor trustee David

Youngerman, hired a surveyor to divide the parcel of land into four equal shares,

one for each of the surviving children and one for William’s issue. After the land

was divided, a copy of the proposed distribution of the parcel was circulated to all

beneficiaries. The final report was filed on July 16, 2021, and amended

November 5. The proposed distribution divides the parcel into four parts: Parcels

C, D, E, and F. Parcel F is the least desirable of these, as it hosts wind turbines

subject to the wind farm lease. The presence of turbines on the land decreases

the amount of farmable land and therefore the price. However, all parcels are

“surprisingly uniform.” The parcels were to be distributed as follows under the 4

proposed division: Parcel C to the estate of Susan; Parcel D to the issue of William;

Parcel E to Judith; and Parcel F to David Youngerman, successor trustee.

An objection to the original final report was filed by Susan Marth on

July 28, 2021. An objection to the amended final report was filed on November

18. Susan sought to force a sale of the entire parcel. Susan died before this matter

came before the district court, but her objection is maintained by her estate.

The district court found the proposed distribution fell within the permissible

bounds of the will. Susan’s estate appeals, arguing the distribution is inequitable

and subject to Iowa Code chapter 651 (2021) partition rules.

II. Standard of Review

A hearing on objections to a trustee’s final report is an equitable

proceeding. In re Barkema Tr., 690 N.W.2d 50, 53 (Iowa 2004). Our review for

the interpretation of a trust agreement tried in equity is de novo. Iowa R. App. P.

6.907; Barkema, 690 N.W.2d at 53. Issues of statutory interpretation are reviewed

for errors at law. State v. Watkins, 914 N.W.2d 827, 837 (Iowa 2018).

III. Analysis

A. Interpreting the Trust. In interpreting the language of testamentary trusts,

the intent of the testator governs. First Nat’l Bank v. Mackey, 338 N.W.2d 361, 363

(Iowa 1983); In re Work Family Tr., 151 N.W.2d 490, 492 (Iowa 1967). The

meaning given to the language used is to be its usual and ordinary meaning. In re

Est. of Manahan, 125 N.W.2d 135, 138 (Iowa 1963).

In its September 29, 2022 order, the district court found the terms of the will

unambiguous and controlling: 5

The terms of the Will and Trust pursuant to the Will are clear. The trustee is given discretion and power as if he is the owner to determine distribution. The distribution made by the successor trustee, pursuant to the terms of the Trust, are binding upon all beneficiaries. The intent of the trustor is controlling. The terms of the Trust are clear. The proposed distribution is fair and equitable and, perhaps, slightly less so to the successor trustee if anyone. The successor trustee has performed his duties in accordance with the directives of the Will and the Trust.

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Related

In Re Barkema Trust
690 N.W.2d 50 (Supreme Court of Iowa, 2004)
In Re Estate of Manahan
125 N.W.2d 135 (Supreme Court of Iowa, 1963)
Work v. Central National Bank & Trust Co.
151 N.W.2d 490 (Supreme Court of Iowa, 1967)
First National Bank of Dubuque v. MacKey
338 N.W.2d 361 (Supreme Court of Iowa, 1983)
State of Iowa v. Abraham K. Watkins
914 N.W.2d 827 (Supreme Court of Iowa, 2018)

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