Legal Opinion
Bankers Trust Co. v. Firth
New York Supreme Court
Decided June 26, 1941PublishedCited by 4 opinions
1Opinion of the CourtShientag, J.
This action is for the judicial settlement of the intermediate accounts of the trustee under a voluntary deed of trust, and for the construction of the validity of the remainder provisions of that trust.
On December 5, 1911, Edward Tuck created a trust of personal property. The trustee by the instrument was directed to pay the income from the trust property to Julia Tuck Firth, the settlor’s niece, for her life. Upon her death the trustee was directed to divide the trust property into as many equal shares as there shall be children of Julia Tuck Firth then surviving, or if not surviving, shall…
2Cases cited11 opinions
- Smith v. . EdwardsNew York Court of Appeals · 1882
- Fulton Trust Co. v. . PhillipsNew York Court of Appeals · 1916
- In Re the Accounting of WilcoxNew York Court of Appeals · 1909
- Cammann v. . BaileyNew York Court of Appeals · 1913
- In re Judicial Settlement of the Accounts of EmbreeAppellate Division of the Supreme Court of the State of New York · 1896
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3Cited by4 opinions
- In re the Accounting of GravesNew York Surrogate's Court · 1949
- Bankers Trust Co. v. ToppingNew York Supreme Court · 1943
- In re the Estate of SpruceNew York Surrogate's Court · 1947
- In re the Estate of ToeplitzNew York Surrogate's Court · 1975