Michael J. Ferri v. Nancy Powell-Ferri

Summary

The court held that the trustees were authorized under Massachusetts law to decant the assets of the 1983 trust into the 2011 trust and therefore reversed the contrary judgment and restoration order. It also held that Powell-Ferri had standing because the decanting could affect the marital estate and dissolution court's financial orders, but that attorney's fees were unavailable under the American rule. The court affirmed the refusal to remove Michael Ferri as trustee and rejected the claim that the 2011 trust was self-settled.