Legal Opinion

In re Penson

Appellate Division of the Supreme Court of the State of New York

Decided December 20, 2001PublishedCited by 1 opinion

1Opinion of the Court

Order, Supreme Court, New York County (Richard Lowe, III, J.), entered May 31, 2001, which, in a proceeding pursuant to Mental Hygiene Law article 81, inter alia, restored respondent to capacity status and directed that appellant trustees transfer the corpus of the New York trust to two new Florida trusts created by respondent, subject to specified reserves, unanimously modified, on the facts, to increase the reserve for trust liabilities, including potential attorneys’ fees and disbursements, from $200,000 to $350,000, and to create a reserve of $168,000 for respondent’s father’s claim for…

2Cases cited2 opinions

  1. In re MaherAppellate Division of the Supreme Court of the State of New York · 1994
  2. In re CrumpAppellate Division of the Supreme Court of the State of New York · 1996

3Cited by1 opinion

  1. Matter of Raphael R.Appellate Division of the Supreme Court of the State of New York · 2019

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API