In re the Estate of Harris
New York Surrogate's Court
1Opinion of the Court
Joseph A. Cox, S.
The testator’s will created three residuary trusts, each of one third of his residuary estate. One trust, for the benefit of the daughter of his first marriage, provides in part as follows: ‘1 Said Trustee is expressly authorized to pay to my said daughter in addition to the aforesaid income so much of the principal of said trust fund as she shall require for her personal use and welfare, not to exceed, however, the sum of Four Thousand ($4,000) Dollars in any one calendar year; such payments, however, not to be cumulative and any payment omitted in one year not to be added…
2Cases cited2 opinions
- In Re the Accounting of the Manufacturers National Bank of TroyNew York Court of Appeals · 1936
- In re the Estate of LyonsNew York Surrogate's Court · 1958