Legal Opinion
In re the Construction of the Will of Jeffress
New York Surrogate's Court
Decided May 4, 1950PublishedCited by 6 opinions
1Opinion of the Court
Witmer, S.
The petitioning trustee seeks a construction of testatrix’ will to determine whether or not power is granted therein to the trustees to invest trust funds in “ nonlegal ” investments. Testatrix appointed her husband, Thornton Jeffress, and her brother-in-law, J. Craig Powers, the petitioner, as executors and trustees, and granted to them “ full power and authority to sell, invest and re-invest my property in such securities as to them seems advisable.” Testatrix’ estate was in excess of $250,000, and the bulk of it was invested in so-called “ nonlegals ”. Although this is not an…
2Cases cited15 opinions
- King v. . TalbotNew York Court of Appeals · 1869
- In re DoelgerAppellate Division of the Supreme Court of the State of New York · 1938
- In re the Accounting of McDowellNew York Surrogate's Court · 1918
- In re National Commercial Bank & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1940
- Lawton v. LawtonAppellate Division of the Supreme Court of the State of New York · 1898
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3Cited by6 opinions
- In re Estate of DasNew York Surrogate's Court · 1960
- In re the Estate of BerthetNew York Surrogate's Court · 1959
- In re the Estate of VoethNew York Surrogate's Court · 1958
- In re the Accounting of CarpenterNew York Surrogate's Court · 1960
- In re the Estate of RuefNew York Surrogate's Court · 1962
1 more not listed; retrieve them via the Exa API.