Legal Opinion

In re the Estate of Matson

New York Surrogate's Court

Decided February 14, 1983Published

1Opinion of the Court

OPINION OF THE COURT

Arnold F. Ciaccio, J.

In this proceeding for judicial settlement of the trustee’s accounts, the respondent beneficiaries object to the computation of commissions of the trustee. The issue presented is whether or not the trustee may properly consider for commission purposes, the unrealized increase in a particular stock held in its trust portfolio, which stock was held by the trustee against its own original investment judgment but in keeping with the beneficiaries’ specific request to retain the stock.

Pursuant to a decree of judicial settlement dated April 19, 1957, the…

2Cases cited6 opinions

  1. Lehman v. Irving Trust Co.New York Court of Appeals · 1982
  2. In re the Estate of BourneNew York Surrogate's Court · 1967
  3. In re the Estate of McGrathNew York Surrogate's Court · 1973
  4. In re the Estate of FolsomNew York Surrogate's Court · 1955
  5. In re the Estate of HitchcockNew York Surrogate's Court · 1979

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