Howard Savings Institution v. Kielb

The opinion of the court was delivered by

Haneman, J.

Appeal is herein taken from a judgment of the Superior Court, Chancery Division, declaring that certain bank accounts in the form “Eva Kielb in trust for Walter Kielb, Jr.” vested no ownership in the named beneficiary upon the depositor-trustee’s death but, on the contrary, were to be administered as part of the depositor-trustee’s estate.

The controversy originated in an application by The Howard Savings Institution for a construction of the will of one Eva Kielb under which will plaintiff had qualified as executor and trustee. Testatrix…