This is an action by the trustees of the Frederick L. Reynolds Revocable Trust (trust) to reform the trust instrument. The action was commenced in the county court, and a single justice of this court reserved and reported the case to the full court without decision.
As explained more fully below, the trustees seek to reform the trust by revising the funding formula for two subtrusts. The trustees contend that reformation is necessary to effectuate the settlor's intent...
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