Legal Opinion

In Re the Estate of Janes

New York Court of Appeals

Decided May 1, 1997PublishedCited by 68 opinions

1Opinion of the Court

OPINION OF THE COURT

Levine, J.

Former State Senator and businessman Rodney B. Janes (testator) died on May 26, 1973, survived solely by his wife, Cynthia W. Janes, who was then 72 years of age. Testator’s $3,500,000 estate consisted of a $2,500,000 stock portfolio, approximately 71% of which consisted of 13,232 shares of common stock of the Eastman Kodak Company. The Kodak stock had a date-of-death value of $1,786,733, or approximately $135 per share.

Testator’s 1963 will and a 1969 codicil bequeathed most of his estate to three trusts. First, the testator created a marital deduction trust…

2Cases cited17 opinions

  1. King v. . TalbotNew York Court of Appeals · 1869
  2. In re the Estate of RothkoNew York Court of Appeals · 1977
  3. In Re the Accounting of Fulton Trust Co.New York Court of Appeals · 1931
  4. In re the Accounting of HubbellNew York Court of Appeals · 1951
  5. In the Matter, Etc., of Estate of WestonNew York Court of Appeals · 1883

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3Cited by68 opinions

  1. Scalp & Blade, Inc. v. Advest, Inc.Appellate Division of the Supreme Court of the State of New York · 2003
  2. In re the Estate of SaxtonAppellate Division of the Supreme Court of the State of New York · 2000
  3. In Re the Judicial Settlement of the Intermediate Account of HSBC Bank USA, N.A.Appellate Division of the Supreme Court of the State of New York · 2012
  4. Calderon v. Bank of America N.A.District Court, W.D. Texas · 2013
  5. Caldwell v. Hanes (In Re Hanes)United States Bankruptcy Court, E.D. Virginia · 1997

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