In re the Estate of Reinhardt

Bertram R. Gelfand, S.

This is a proceeding to determine whether paragraph "third” of the will which created a residuary charitable remainder trust should be reformed or interpreted so as to qualify for a charitable deduction (pursuant to US Code, tit. 26, § 2055, as amd. by the Tax Reform Act of 1969). The trust created by paragraph "third” provides for annual payments totaling $24,600 to 10 named individuals. Upon the death of the last survivor of these individuals the remainder shall be distributed to such charitable, educational and eleemosynary organizations that are selected by the then…