Legal Opinion

In re the Accounting of Webb

New York Supreme Court

Decided May 27, 1957Published

1Opinion of the CourtVincent A. Lupiano, J.

This motion, pursuant to article 79 of the Civil Practice Act and section 20 of the Personal Property Law of New York, seeks an intermediate accounting of a trust, the appointment of successor trustees and a determination of the powers and duties of the successor trustees.

There are no objections to the accounting or to the designation of successor trustees and the only question is the determination of the powers and duties to be conferred upon the successor trustees.

The trust instrument, executed in 1925, provided a life interest for the settlor, Lily Carstairs Towers, and upon her death to…

2Cases cited5 opinions

  1. Smith v. . FloydNew York Court of Appeals · 1908
  2. In Re the Accounting of WalkerNew York Court of Appeals · 1944
  3. In re GuntherAppellate Division of the Supreme Court of the State of New York · 1921
  4. Irving Trust Co. v. Horn BurtNew York Court of Appeals · 1943
  5. People v. FederNew York Court of Special Session · 1953

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