Legal Opinion

In re the Judicial Settlement of the Account of the Peoples Trust Co.

New York Surrogate's Court

Decided January 15, 1919PublishedCited by 1 opinion

Proceeding upon the judicial settlement of the account of a trustee.

1Opinion of the Court

Ketcham, S.

In accordance with the will of the testator and the power of appointment therein reposed in his daughter, the residue of his estate passed upon her death by the appointment contained in her will to many persons and corporations, some of whom take specific sums and one of whom receives the residue.

It is held that general gifts passing under such appointment bear interest from the date of the death of the donee of the power (Dixon v. Storm, 5 Redf. 419), and this authority, unimpaired by any adverse decision or criticism, controls this case.

Among the dispositions made by the will of…

2Cases cited1 opinion

  1. Dixon v. StormNew York Surrogate's Court · 1881

3Cited by1 opinion

  1. In re the Estate of LathersNew York Surrogate's Court · 1930

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