Legal Opinion
In re the Estate of Kuhn
New York Surrogate's Court
Decided November 8, 1965Published
1Opinion of the Court
John D. Bennett, S.
In this accounting proceeding the court is asked to construe the testator’s will regarding the power of the trustees to retain investments made by the decedent.
Paragraph “ Fifteenth ” states that as the testator may have stocks and other securities of various kinds which may not be advantageously sold at once, the executors are empowered to appraise the value of such investments and divide them among the several legacies and trusts in proportion to the respective shares or interests of same and deliver such investments in full < r partial payment or satisfaction of the…
2Cases cited5 opinions
- City Bank Farmers Trust Co. v. SmithNew York Court of Appeals · 1934
- In re the Accounting of Central Hanover Bank & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1951
- In re the Accounting of Central Hanover Bank & Trust Co.New York Court of Appeals · 1952
- In re the Estate of AlbroNew York Surrogate's Court · 1937
- In re the Intermediate Accounting of BankNew York Surrogate's Court · 1955