Valley National Bank v. Tamms

The appellant-executor filed its final account and report and petitioned for final distribution of the estate of the decedent. The appellee, residual beneficiary under the decedent’s will, filed objections to the final account, and after a hearing thereon, a formal, signed order was entered which recited, inter alia:

“2. That the objection referable to the computation of fees on the real or net estate in lieu of the gross appraised value of the estate is allowed.

3. That the value of the estate handled by the fiduciary shall be reduced by the sum of THIRTY-EIGHT THOUSAND FIVE HUNDRED FORTY-FIVE…