Legal Opinion
In re the Estate of Kronke
New York Surrogate's Court
Decided December 10, 1962PublishedCited by 1 opinion
1Opinion of the Court
John D. Bennett, S.
In this accounting proceeding the executors and trustees request approval of the transfer of the entire corpus of the trust to the testator’s son, who is the income beneficiary of the residuary trust. The petitioners rely upon the following language in the will as authority:
“IV.
“ (b) To pay to, or apply for the use and benefit of my son, chaeles heney kbonke, at any time or from time to time during the term of the trust, such portion or portions of the principal of the trust as my Trustees may, in their sole and uncontrolled discretion, determine;
“(c) To pay to my son,…
2Cases cited1 opinion
- In re the Accounting of RegensburgNew York Court of Appeals · 1950
3Cited by1 opinion
- In re the Estate of MandelNew York Surrogate's Court · 1965