Legal Opinion

In re the Estate of Bayliss

New York Surrogate's Court

Decided January 15, 1975Published

1Opinion of the Court

William J. Regan, S.

In this judicial settlement proceeding the guardian ad litem seeks to surcharge the testamentary trustees in the sum of $17,001.12 by reason of an allegedly invalid investment made by the trustees.

The deceased died on December 4, 1953, leaving a last will and testament dated February 12, 1953, which, was probated ;n this court on December 19,1953. Pursuant to the provisions of said will, letters testamentary and letters of trusteeship were issued to the Manufacturers and Traders Trust Company and Teresa B. Bayliss on December 19, 1953. The trustee, Teresa B. Bayliss, died…

2Cases cited3 opinions

  1. In re Bankers Trust Co.New York Surrogate's Court · 1929
  2. In re the Accounting of City Bank Farmers Trust Co.New York Surrogate's Court · 1955
  3. In re the Estate of SykesNew York Surrogate's Court · 1965

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