Larson v. Larson

The Supreme Court affirmed the judgment of the district court finding that Florence Larson, mother of Dwight and Doug Larson, properly and without undue influence, gifted her shares in the family farm corporation to Doug. Specifically, the court held (1) the district court did not err in finding no undue influence by Doug over Florence; (2) Dwight could not raise the argument that the gift of stock certificates was a contract for which Doug offered no consideration for the first time on appeal; and (3) the district court did not err in finding that Florence made a valid gift of company stock certificates to Doug. View "Larson v. Larson" on Justia Law