Supreme Court of Arkansas
In the Matter of the Hamilton Living Trust. Bank of the Ozarks, Appellant v. Susan Cossey, Appellee
October 8, 2015471 S.W.3d 203
Summary
The court held that the Bank accepted the trusteeship by reimbursing expenses, paying funeral costs, and liquidating securities, because those actions exceeded the statutory safe harbor for preserving trust property. It therefore affirmed the order requiring the Bank to provide an accounting and upheld the award of attorney's fees. The court of appeals' dismissal was vacated because the circuit court's order was final and appealable.