Legal Opinion

In re the Intermediate Judicial Settlement of the Account of Proceedings of Belmont

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

Decided December 15, 1935Published

1Opinion of the Court

*771The will of August Belmont provided a trust fund for the life of Raymond Belmont and, upon his death, to his issue in fee. The executors, Eleanor R. and Morgan Belmont, accounted in 1929, and paid to themselves and to the United States Trust Company, as trustees, this trust fund. The said executors were allowed full commissions. Raymond Belmont thereafter died, and the trustees on this accounting seek to pay to his issue this fund and to be allowed trustees’ commissions. The executors, as to this fund, completed their duties in that capacity when they paid the same to themselves and to the…

2Cases cited4 opinions

  1. Johnson v. . LawrenceNew York Court of Appeals · 1884
  2. In Re the Accounting of ZieglerNew York Court of Appeals · 1916
  3. In re the Transfer Tax upon the Estate of VanneckAppellate Division of the Supreme Court of the State of New York · 1916
  4. In re the Estate of BabcockNew York Surrogate's Court · 1929

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