In re the Estate of Spenadel
New York Surrogate's Court
1Opinion of the Court
Joseph A. Cox, S.
The fourth article of the testator’s will bequeathed one fifth of his residuary estate in trust for the benefit of his two sisters and six charities. He directed that $1,200 of the trust income be paid annually to each sister and that stated annual sums be paid to the respective charities. The annual income so disposed of totalled $5,000 and the testator, anticipating the possibility that the trust might not yield that amount, authorized his trustees, in their sole judgment and discretion, to provide any deficiency from principal. The will omits an express provision as to the…
2Cases cited9 opinions
- Manice v. . ManiceNew York Court of Appeals · 1871
- Kernochan v. Farmers' Loan & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1919
- Kernochan v. . the Farmers' Loan and Trust CompanyNew York Court of Appeals · 1920
- Prudential Insurance Co. of America v. New York Guild for the Jewish BlindAppellate Division of the Supreme Court of the State of New York · 1937
- In re the Estate of RathboneNew York Surrogate's Court · 1939
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3Cited by2 opinions
- In re the Estate of BerthetNew York Surrogate's Court · 1959
- In re the Estate of MillerNew York Surrogate's Court · 1975