Legal Opinion

In Re McMillin

New Jersey Court of Chancery

Decided April 7, 1936PublishedCited by 8 opinions

1Opinion of the Court

The trustees of the above entitled estate have applied for a partial payment of commissions to be charged against corpus covering the period of six years during which they have administered the estate. This application is made on an intermediate accounting which shows that the corpus of the estate has increased somewhat during the trusteeship and that thecorpus now amounts to approximately $2,000,000.

The trust estate will terminate upon the death of a life beneficiary who is now sixty-seven years old.

The trustees ask that they be presently allowed a commission on the corpus of $10,000 which…

2Cases cited4 opinions

  1. In re the Estate of HibblerNew Jersey Superior Court Appellate Division · 1910
  2. In re Account of New Jersey Title Guarantee & Trust Co.Supreme Court of New Jersey · 1909
  3. Lyon v. BirdNew Jersey Superior Court Appellate Division · 1911
  4. Conover v. EllisNew Jersey Superior Court Appellate Division · 1892

3Cited by8 opinions

  1. Lum v. CommissionerUnited States Tax Court · 1949
  2. Commercial Trust Co. v. BarnardSupreme Court of New Jersey · 1958
  3. Gates v. Plainfield Trust Co.New Jersey Superior Court Appellate Division · 1938
  4. Barsotti v. BertolinoNew Jersey Court of Chancery · 1940
  5. In Re Fidelity Union Title, C., Co.New Jersey Court of Chancery · 1945

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