In re the Estate of Coe

John D. Bennett, S.

In this accounting proceeding the guardian ad litem has interposed three objections.

Objection No. 1 is that the trustees deposited securities comprising the corpus of the trusts with the Depository Trust Company in a form under which all trust deposits maintained by the fiduciary were merged into one account. It is the position *376of the guardian ad litem that while the fiduciary is authorized to deposit securities with the Depository Trust Company under EPTL 11-1.9 it may only do so providing the securities are not merged with other trust securities but are deposited in an…