In re the Estate of Haliday

Foley, S.

The principal question involved in this executors ’ accounting proceeding is whether the Federal and New York State estate taxes imposed upon a remainder interest in a cer tain inter vivos trust created by the testatrix and also upon the proceeds of certain savings bank accounts standing in her name in trust for her grandson, Bryant A. Haliday, Jr., should be equitably apportioned under section 124 of the Decedent Estate Law or should be paid out of the residuary estate. In the tax proceedings the value of the entire remainder of the inter vivos trust, diminished by the value of the…