In re the Estate of Feinberg
New York Surrogate's Court
1Opinion of the Court
S. Samuel Di Falco, S.
The first objection to the intermediate accounting of the trustee is to payment, in each of the years, of the sum of $25 to attorneys for preparation of the trustee’s annual account. No reason appears why legal services were necessary in the preparation of annual accounts. Annual statements were required because the trustee retained commissions annually and was, therefore, under a duty to furnish the beneficiaries with the statements specified by statute. (Surrogate’s Ct. Act, § 285-a, subd. 4.) The trustee is required to keep proper records and he is compensated for…
2Cases cited2 opinions
- In re the Judicial Settlement of the Final Account of Proceedings of LesterAppellate Division of the Supreme Court of the State of New York · 1916
- In re the Accounting of City Bank Farmers Trust Co.New York Surrogate's Court · 1953
3Cited by2 opinions
- Estate of Edmonds v. CommissionerUnited States Tax Court · 1979
- Estate of Edmonds v. CommissionerUnited States Tax Court · 1979