Legal Opinion
In re Palyo
New York Supreme Court
Decided March 25, 1946PublishedCited by 1 opinion
1Opinion of the CourtUghetta, J.
This proceeding, instituted by the committee, who is also the husband of the incompetent person, seeks the revocation of two so-called Totten trusts created by the incompetent prior to her adjudication for the benefit of the two minor children of the committee and herself.
It appears that on May 21,1937, two accounts with the Dime Savings Bank of Brooklyn were opened in the name of the incompetent, one in trust for her son and the other in trust for her daughter. In each account a deposit of $1,103.97 was made and the balance in each as of January 1st of this year was $1,501.45. The donor was…
2Cases cited5 opinions
- In Re the Will of HillsNew York Court of Appeals · 1934
- In re the Estate of ReichNew York Surrogate's Court · 1933
- Beakes Dairy Co. v. BernsAppellate Division of the Supreme Court of the State of New York · 1908
- Ganley v. Lincoln Savings BankAppellate Division of the Supreme Court of the State of New York · 1939
- Brooklyn Trust Co. v. SmartNew York Supreme Court · 1937
3Cited by1 opinion
- In re the Accounting of Kings County Trust Co.New York Surrogate's Court · 1948