In re the Accounting of Arnold

The committee of the person and property of the incompetent herein seeks leave to file his final account and to resign and for an order directing that all payments under a certain annuity policy of the Connecticut General Life Insurance Company, by the terms of which the incompetent is receiving monthly payments of $53.90, be made directly to the Department of Mental Hygiene of the State of New York until such payments exceed $1,000.

The only assets of the incompetent consist of cash on deposit in a bank account, the future annuity payments under the policy referred to above and a life estate…