Connecticut General Life Insurance Co. v. First National Bank of Minneapolis

John Aughenbaugh named First National Bank of Minneapolis (First National), as trustee of his revocable trust, the beneficiary of his life-insurance policy; the trust could be revoked only by a written instrument executed by John and delivered to the trustee during his lifetime. After divorcing and remarrying Marilyn (defendant), John executed a new will purporting to cancel any previous will or trust but never delivered any revocation instrument to First National; the trial court held the new will did not revoke the trust, and Marilyn appealed.