In re the Estate of Kramer
New York Surrogate's Court
1Opinion of the Court
Foley, S.
It appears from the testimony taken by the referee that the respondent, executor, deposited the funds of the estate in a bank account in the name of a personal employee in violation of the provisions of section 231 of the Surrogate’s Court Act, which requires an executor to maintain the estate moneys in a bank account in his name as executor. The individual chosen by him was apparently without financial responsibility and the trust funds were thereby imperilled. In addition her funds and his personal funds Were mingled in this same account. On the hearing for the revocation before me…
2Cited by2 opinions
- In re the Estate of GrossmanNew York Surrogate's Court · 1935
- In re the Estate of HarrisNew York Surrogate's Court · 1938