In re the Estate of Blumenkrantz
New York Surrogate's Court
1Opinion of the Court
OPINION OF THE COURT
John B. Riordan, J.
In this accounting proceeding, the court must determine the effect of an arbitration clause in an agreement wherein the trustee delegated his investment function pursuant to EPTL 11-2.3 (c) (3).
This is a proceeding to judicially settle the intermediate accounts of David Blumenkrantz, trustee of a testamentary trust created under the will of Renee Blumenkrantz. The last will and testament of Renee Blumenkrantz, duly admitted to probate by a decree of this court dated September 24, 1999, divides the residuary estate into two parts, one half to David…
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