Legal Opinion
Sussman v. Sussman
New York Court of Appeals
Decided June 5, 1979PublishedCited by 5 opinions
1Opinion of the Court
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs.
The document executed on January 20, 1969 by decedent, George F. Dembow, evinces at most an intention to make a future donative transfer of the proceeds of unspecified securities to certain grandchildren, then infants under 21 years of age. Neither the bonds nor their proceeds were ever physically delivered to the custodian of the grandchildren’s accounts, and therefore, no gift was effected under the Uniform Gift to Minors Act (see EPTL 7-4.1). Having failed as a gift, the transaction may not on…
2Cases cited2 opinions
- Brown v. . SpohrNew York Court of Appeals · 1904
- Farmers' Loan & Trust Co. v. WinthropNew York Court of Appeals · 1924
3Cited by5 opinions
- Scherling v. Ehrenkranz (In Re Eljay Jrs., Inc.)United States Bankruptcy Court, S.D. New York · 1989
- In re DanaNew York Supreme Court · 1982
- Marshall v. United StatesDistrict Court, E.D. New York · 1993
- Cruz v. ApfelDistrict Court, S.D. New York · 1999
- Estate of Selig Allen Grossinger, Deceased, Joseph G. Blum v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1983