8th Circuit Upholds Plan’s Transfer To Trust Just Before Participant’s Death

Mealey's (April 6, 2018, 1:55 PM EDT) -- ST. LOUIS — A wife whose husband died two days after he transferred his employee stock ownership plan benefits to his trust and a day before the trust received the benefits has no claim to the benefits, an Eighth Circuit U.S. Court of Appeals panel ruled April 3 (Susan Wengert v. Theresa A. Rajendran, et al., No. 16-4571, 8th Cir., 2018 U.S. App. LEXIS 8386)....