In re the Estate of Kline
New York Surrogate's Court
1Opinion of the Court
S. Samuel Di Falco, S.
This is a proceeding for the settlement of the accounts of the trustees of trusts under the will for the benefit of five beneficiaries. In addition to the settlement of the accounts, construction of the will is requested in connection with the limitations on the investment authority of the fiduciaries and the application of one of the trustees for leave to resign is also before the court.
In Paragraph Twenty-Second of his will the deceased provided as follows: ‘1 My Executors and Trustees and their *298successors are authorized and empowered * * * To invest and reinvest the…
2Cases cited3 opinions
- In re the Accounting of HilliardNew York Surrogate's Court · 1950
- In re the Accounting of MayerNew York Surrogate's Court · 1952
- In re the Estate of NevinsNew York Surrogate's Court · 1957
3Cited by2 opinions
- In re the Estate of BergNew York Surrogate's Court · 1970
- In re the Estate of RosenthalNew York Surrogate's Court · 1962