In re the Estate of Prevost

S. Samuel Di Falco, S.

In this proceeding brought by the executor to judicially settle his account objections have been raised by the Chase Manhattan Bank as the ancillary administrator of the estate of Andre Prevost, father of the decedent. The decedent’s entire estate consisted originally of a fund created by the transfer to him by his father Andre of United States bonds in the face amount of $222,200.

*726The nub of the objectant’s contention is that the transfer made by the father to the son was not in fact a gift to him but merely one of convenience for the purpose of freeing blocked funds and…