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Home / Courts / S.C. Court of Appeals / Trusts & Estates – Probate Court Jurisdiction – Conservatorship – Application for Guidance – Separate Asset (access required)

Trusts & Estates – Probate Court Jurisdiction – Conservatorship – Application for Guidance – Separate Asset (access required)

A $50 million promissory note—owed by Keith Wellin’s family trust to another trust for which Wellin was the sole beneficiary—was not part of Wellin’s estate in this conservatorship action brought by his adult children. Therefore, the probate court did not have authority to order payment of the $50 million into a protective trust. We reverse the ...

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