Peck v. Grad CA4/3

CourtCalifornia Court of Appeal
DecidedApril 30, 2026
DocketG064524
StatusUnpublished

This text of Peck v. Grad CA4/3 (Peck v. Grad CA4/3) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Peck v. Grad CA4/3, (Cal. Ct. App. 2026).

Opinion

Filed 4/30/26 Peck v. Grad CA4/3

NOT TO BE PUBLISHED IN OFFICIAL REPORTS

California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

FOURTH APPELLATE DISTRICT

DIVISION THREE

JUDITH PECK,

Plaintiff and Appellant, G064524

v. (Super. Ct. No. 30-2020- 01159713) ROGER GRAD et al., OPINION Defendants and Respondents.

Appeal from a judgment of the Superior Court of Orange County, Randall J. Sherman, Judge. Affirmed. Kowal Law Group, Timothy M. Kowal and Ryan Merker; Law Offices of Catherine Convy and Catherine Convy for Plaintiff and Appellant. Hodel Wilks, Matthew A. Hodel and Laura A. Forbes for Defendants and Respondents.

* * * INTRODUCTION In September 2020, Judith Peck filed a complaint against Roger Grad and Snell & Wilmer, LLP (Snell & Wilmer) (collectively, Defendants) which asserted a cause of action for fraud in connection with Grad’s legal representation of Peck’s mother, Bettye Trowbridge Vaughen, in estate planning matters. Peck alleged that Grad had engaged in a long list of wrongful and fraudulent conduct from sometime in 2012 and extending beyond Vaughen’s death in September 2016. Of the many allegations of wrongful conduct, relevant to this appeal are allegations that in March 2014, Grad had Vaughen obtain a $17.5 million split dollar life insurance policy on the life of Peck’s sister, Cynthia Peck. The policy had a lump sum premium of $7.5 million, which was financed by a loan to Vaughen, and the policy owner/beneficiary was a trust created for Vaughen’s grandchildren. The trial court granted a motion for summary judgment brought by Defendants. The trial court found the claims of fraud, other than those based on split dollar life insurance policy, were barred by the three-year statute of limitations of Code of Civil Procedure section 338, subdivision (d) (section 338(d)). With respect to the split dollar policy, the court concluded that Peck lacked standing to assert fraud because any damages had been incurred by Vaughen’s inter vivos trust, and only trustees have standing to assert a claim of damages to a trust. In this appeal from the resulting judgment, Peck challenges only the trial court’s decision regarding her fraud claim based on the split dollar life insurance policy. She argues that as a trust beneficiary she had standing to assert that claim and the complaint was timely filed with respect to the split dollar life insurance policy because the statute of limitations did not

2 accrue until 2019 or 2020, when she obtained certain information regarding the split dollar policy that supported her fraud claim. We affirm on the ground the fraud cause of action was barred by the three-year statute of limitations of section 338(d).1 Although a statute of limitations defense typically raises a factual question for the trier of fact, summary judgment is appropriate “‘if the court can draw only one legitimate inference from uncontradicted evidence about the limitations issue.’” (Choi v. Sagemark Consulting (2017) 18 Cal.App.5th 308, 323–324.) Here, only one legitimate inference may be drawn from the uncontradicted evidence: By September 9, 2017, more than three years before filing the complaint, Peck knew of facts sufficient to make a reasonably prudent person suspicious that Grad had engaged in some type of wrongdoing regarding the split dollar life insurance policy. FACTS Vaughen was born in the early 1920’s and died in September 2016. Peck is Vaughen’s older daughter and sometimes served as caregiver during the last seven years of her mother’s life. Cynthia Peck (Cynthia)2 is Vaughen’s younger daughter. Jesse Trowbridge (Jesse) is Vaughen’s biological grandson whom Vaughen adopted as her son. Snell & Wilmer is a law firm. Grad is an estate planning attorney and a partner in Snell & Wilmer.

1 As we shall explain, the parties had full and fair opportunity to

address the statute of limitations issue and, therefore, Code of Civil Procedure section 437c, subdivision (m)(2) (section 437c(m)(2)) does not require us to request supplemental briefing.

2 We refer to Cynthia Peck and Jesse Trowbridge by their

respective first names in order to avoid confusion, and not out of disrespect.

3 In 2000, Vaughen created the Bettye Trowbridge Vaughen Inter Vivos Trust (the Trust). Vaughen was the original trustee. Under the terms of the Trust, upon Vaughen’s death, certain Trust assets would be distributed to Vaughen’s children, including Peck and Jesse, with the remainder allocated between a children’s trust and a grandchildren’s trust. The beneficiaries of the children’s trust included Peck, Cynthia, and Jesse. Vaughen suffered strokes in 2006 and 2009 which left her homebound, disabled, and dependent on others for care. In May 2010, at about age 88, Vaughen resigned as trustee of the Trust and appointed Richard Jackson and Jeanette Robertson as successor co-trustees of the Trust. Grad represented Vaughen in estate planning matters from sometime in 2012 until her death in September 2016. Peck alleged Grad engaged in wrongful conduct in his representation of Vaughen and in his handling of her estate after her death in regard to ten topics: (1) drafting and having Vaughen execute several amendments to and restatements of the Trust; (2) preparing and having Vaughen execute an advanced health care directive naming himself and Jackson as agents to make health care decisions for her; (3) preparing and having Vaughen execute a durable limited power of attorney to Jackson and Robertson; (4) interfering in Vaughen’s promise to buy Peck a home in Laguna Woods “in appreciation for all the care she provided to her for many years”; (5) selling to himself at a deep discount Vaughen’s coin collection and using the proceeds to partially offset the loan for the Laguna Woods home rather than to pay off Peck’s mortgage on another home; (6) misleading Peck into signing an agreement whereby she would be given an option to purchase from the Trust a home in Newport Beach rather than inheriting that home outright; (8) preparing

4 paperwork by which Jackson and Robertson could cancel a real estate holding company that was supposed to be distributed to Peck; (9) creating limited liability companies to be used as shell companies to receive transfers of real property from the Trust; and (10) having Vaughen purchase a $17.5 million split dollar life insurance policy on the life of Cynthia with the $7.5 million premium being paid by a loan obtained by Vaughen. The statement of facts and statement of the case in Peck’s opening brief go over in some detail each of those claims of wrongdoing. However, Peck does not challenge the trial court’s conclusion that her fraud cause of action was time-barred as to Nos. 1 through 9. In the discussion sections of Peck’s opening brief and reply brief, she argues only that she timely filed her complaint with regard to No. 10—the split dollar life insurance policy—and that she had standing to file that claim. The remainder of this statement of facts therefore will be limited to general facts and claims concerning that insurance policy. Facts concerning delayed discovery and accrual of the statute of limitations are presented in part II.C of our discussion section, post. In March 2014, Grad had Vaughen take out a split dollar life insurance policy on Cynthia’s life. According to Grad, a split dollar life insurance policy is one in which “one person pays [the premiums] and the other person benefits.” When death benefits are paid, the beneficiary of the policy pays back the amount of the premiums to the party who paid them.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Hobart v. Hobart Estate Co.
159 P.2d 958 (California Supreme Court, 1945)
Jolly v. Eli Lilly & Co.
751 P.2d 923 (California Supreme Court, 1988)
King v. Johnston
178 Cal. App. 4th 1488 (California Court of Appeal, 2009)
Bains v. Moores
172 Cal. App. 4th 445 (California Court of Appeal, 2009)
Gonzalez v. Kalu
43 Cal. Rptr. 3d 866 (California Court of Appeal, 2006)
Aguilar v. Atlantic Richfield Co.
24 P.3d 493 (California Supreme Court, 2001)
Fox v. Ethicon Endo-Surgery, Inc.
110 P.3d 914 (California Supreme Court, 2005)
Saelzler v. Advanced Group 400
23 P.3d 1143 (California Supreme Court, 2001)
Hughes v. Pair
209 P.3d 963 (California Supreme Court, 2009)
Choi v. Sagemark Consulting
226 Cal. Rptr. 3d 267 (California Court of Appeals, 5th District, 2017)

Cite This Page — Counsel Stack

Bluebook (online)
Peck v. Grad CA4/3, Counsel Stack Legal Research, https://law.counselstack.com/opinion/peck-v-grad-ca43-calctapp-2026.