STATE OF MINNESOTA
COUNTY OF WRIGHT
DISTRICT COURT
TENTH JUDICIAL DISTRICT
Case Type: Probate /
Mental Health Division
In the Matter of the Janet L. Person Trust Created Under the Last Will and Testament of Wilbur Franklin Person
Court File No. 86-CV-24-5716 NOTICE FOR HEARING
PURSUANT TO
MINN. STAT. § 501C.0203
NOTICE IS GIVEN that a Petition to Terminate Trust, Discharge and Release Trustee, and Approve Final Account, signed by Michael E. Ahrens as Vice President and Wealth Management Trust Administration Manager of Trustee U.S. Bank National Association dated October 16, 2024 has been filed with the Court. The Petition requests an order for the following relief:
1. Settling and allowing the Final Account;
2. Confirming all allocations between income and principal;
3. Confirming all distributions from the Trust;
4. Approving payment by the Trust for the Trustee’s reasonable attorneys’ fees and expenses, final trust administration expenses or fees, any remaining taxes, and tax preparation fees incurred in connection with this proceeding;
5. Terminating the Trust;
6. Providing instructions and directing the Trustee to distribute the remaining net balance of income and principal of the Trust to the beneficiaries, outright and free of trust after paying any remaining trust administration expenses and the fees and expenses of this proceeding;
7. Discharging U.S. Bank National Association as Trustee of the Trust and from any and all liability in connection with the administration of the Trust as shown in the annual accounts and the Final Account and from any and all liability in connection with the distribution and termination of the Trust with such termination being effective upon the filing of this Court’s Order; and
8. Granting such other relief as may be proper.
Any objections to the Petition must be filed with the Court prior to or at the hearing. If no objections are filed, the Petition may be granted.
The Court represents all persons in interest who are minors or incapacitated, or unborn, unascertained or whose identity or address is unknown and not reasonably ascertainable and has determined that all other persons with an interest in the Trust are represented under sections 501C.0301 to 501C.0304.
The Petition will be heard using remote technology on December 11, 2024 at 9 a.m. by this court at Wright County Courthouse, Buffalo, Minnesota. Information on how to participate in the remote hearing is available by calling the Court at 763-760-6300.
1. Notice shall be given to all persons named in the Petition as having or as claiming an interest in the Trust.
2. Notice shall be given by (in rem jurisdiction): mailing a copy of this Notice for Hearing to all persons named in the Petition as having or who may claim to have an interest in the Trust, at their last known addresses by U.S. Postal Service at least 15 days prior to the hearing date, and Publishing this Notice and Order for Hearing one time at least 20 days prior to the hearing date in a legal newspaper of Wright County, Minnesota.
Dated: October 25, 2024
BY THE COURT
Kristy Carlan
Deputy of District Court
Attorney for Petitioner
SPENCER FANE LLP
Serena O’Neil, #0399368
100 South Fifth Street, Suite 2500
Minneapolis, MN 55402
Telephone: (612) 268-7021
Facsimile: (612) 268-7001
ATTORNEY FOR TRUSTEE U.S. BANK
NATIONAL ASSOCIATION
(07c)