§ 13.5.2 TRUSTS ARE NOT CONTRACTS FOR PURPOSES OF A.R.S. § 12-341.01
| Jurisdiction | Arizona |
§ 13.5.2 Trusts Are Not Contracts for Purposes of A.R.S. § 12-341.01
Trusts are distinct from contracts, such that "suits that arise out of a trust relationship are not suits arising out of contract for purposes of A.R.S. section 12-341.01." In re Naarden Trust, 195 Ariz. 526, 530, 990 P.2d 1085, 1089 (App. 1999). See also Schoneberger v. Oelze, 208 Ariz. 591, 595-96, 96 P.3d 1078, 1082-83 (App. 2004) (expounding upon Naarden's discussion of distinctions between trusts and contracts). In Naarden, a trust...
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