Legal Opinion

In re the Trusts Created by Chappell

New York Surrogate's Court

Decided July 13, 2009Published

1Opinion of the Court

OPINION OF THE COURT

Kristin Booth Glen, S.

This is a contested proceeding by Bank of America, N.A., as trustee, for advice and direction regarding the distribution of the remainder of three inter vivos trusts created by Mary R. Chappell. The trustee asks the court to determine whether the powers of appointment granted in each of the trusts to the settlor’s granddaughter, Mary Chappell Wheat, were validly exercised, and whether the trusts’ assets are subject to claims of the granddaughter’s creditors. Threshold questions presented here as to whether New York or Connecticut law controls raise *706imp…

2Cases cited13 opinions

  1. Tooker v. LopezNew York Court of Appeals · 1969
  2. Cutting v. . CuttingNew York Court of Appeals · 1881
  3. Matter of New York Life Insurance and Trust CompanyNew York Court of Appeals · 1913
  4. Shannon v. Irving Trust Co.New York Court of Appeals · 1937
  5. DiSesa v. HickeySupreme Court of Connecticut · 1971

8 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API