Supreme Court of Rhode Island

Leonard I. Lazarus v. William H. Sherman

January 6, 20112011 R.I. LEXIS 2

Summary

The Rhode Island Supreme Court affirmed the Superior Court’s judgment, holding that the language of Trust B unambiguously permits Leonard and Sandra to withdraw their respective shares of principal without the other’s consent and that the trial justice correctly declined to impose a $75,000 repayment requirement, rendering the judgment final.