In re the Estate of Schwarz
New York Surrogate's Court
1Opinion of the Court
OPINION OF THE COURT
Renee R. Roth, S.
Incident to its final accounting, the corporate executor of *472the estate of Ralph J. Schwarz asks the court to determine whether testator’s widow is entitled to interest on the delayed payment of almost half of her preresiduary legacy of $1,500,000. The delay was apparently reasonable because outstanding tax claims against the estate could have required abatement of the legacy. The fiduciary also seeks direction as to whether other legatees are entitled to interest on various small cash bequests.
Mr. Schwarz died on September 27, 1987. Under his will, he…
2Cases cited2 opinions
- In Re the Estate of CreaNew York Court of Appeals · 1971
- In re the Estate of LaFaveNew York Surrogate's Court · 1982
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