In re the Estate of Murray

Joseph A. Cox, S.

Question is presented in this accounting proceeding as to the validity and effect of the notice of election filed by the testator’s widow pursuant to section 18 of the Decedent Estate Law. The testator was survived by a widow and children. His will provides the widow a general legacy of $2,500 and, after making disposition of other property, bequeaths the residuary estate in trust, with directions to his trustee as follow:

“ (a) To hold, manage, invest and reinvest the same and to collect and receive the income therefrom, and to divide the said income in two equal.shares, and…