In re the Estate of Wachs

Morton B. Silberman, S.

Petitioner is sole executor and trustee under the will of Sehage Wachs, who died on February 10, 1963. Petitioner appears as attorney for himself herein. The only issue is the ownership of two mortgages, consolidated into one, on premises at Mohegan Lake, N. Y.

One of these mortgages had originally been made in the sum of $39,000 by decedent’s wife, Bose Wachs, in connection with her purchase of the premises from Swintex Bealty Co., Inc., in 1956. When Bose Wachs sold the premises in 1958 to Hago Holding Corp. the existing mortgage made by herself, then reduced to…