Yeakel

Irene Marie Charters Yeakel is the only child of Irene Meyers Charters and Spencer H. Charters. She was born on June 15,1931. Her mother died January 2, 1942, leaving her by will the sum of $4,730.05. Her father was appointed guardian of her estate. On January 25, 1943, *230 Spencer H. Charters died leaving a will dated February 12, 1942, the material provisions of which are quoted below. 1

On February 5, 1943, the Security-First National Bank of Los Angeles was appointed Successor Guardian of the Estate of Irene. On February 1, 1943, the will was admitted *231 to probate. On May 25, 1944, the decree of distribution was entered declaring the Security-First National Bank of Los Angeles (hereinafter called the trustee) to be the trustee of the testamentary trust created by the will. 2

In 1946 Irene moved from the family home and went to live with the guardian of her person. On July 16, 1946, the trustee sold the home and added the proceeds to the trust estate. Nine accounts current were filed by the trustee, and orders were entered settling and approving each of them. In the trustee’s third account current appears the following: “ (a) The stucco bungalow carried herein at…