In re the Mary R. Hemstreet Living Trust
New York Surrogate's Court
1Opinion of the Court
*283OPINION OF THE COURT
David H. Guy, S.
This is an accounting proceeding brought on by the petition of Wilmington Trust, N.A. (successor by merger to the original cotrustee) requesting permission to resign as cotrustee and the judicial settlement of its account for service as such. MEMBERS Trust Company has contemporaneously petitioned for appointment as successor cotrustee of the trust.
Petitioner is cotrustee with Mary E. Hemstreet, the current income beneficiary of the trust. Upon Mary E.’s passing, the trust terminates with payment of a specific bequest to Christopher Hemstreet, the remainder…
2Cases cited1 opinion
- In re National Bank & Trust Co. of Norwich, N. A.Appellate Division of the Supreme Court of the State of New York · 1990