In re the Estate of Schulz

Wingate, S.

Although he does not appear to realize the fact, the present accountant is impaled upon the horns of a dilemma. He admits the receipt of assets aggregating $6,790.32, against which he claims credits for alleged disbursements amounting to $6,597.45, leaving an apparent balance of $172.87 in his hands. Of these expenditures, however, $4,441.50 was for payments of mortgage principal and interest on premises 476 Seventy-sixth street, Brooklyn, which passed to him as sole heir at law upon the intestacy of the decedent.

In his memorandum the accountant emphasizes the point that it is no…