Legal Opinion
In re the Final Accounting of Morgan Guaranty Trust Co.
New York Supreme Court
Decided January 10, 1961PublishedCited by 2 opinions
1Opinion of the CourtJohn L. Flynn, J.
In this proceeding the accounting successor trustee of two trusts accounted for in separate actions seeks construction and instruction as to the distribution of the remainder of the principal of each trust.
The facts are undisputed. In 1926 Henrietta J. Peterson, wife of Jonathan Peterson and mother of J. Whitney Peterson and Marion P. Heiser, created two trusts, each with a principal of $100,000 for the life benefit of her son J. Whitney Peterson. Similar trusts, not involved in these proceedings, were created by her for her daughter Marion about the same time. Jonathan died in 1929 survived…
2Cases cited5 opinions
- New York Life Insurance & Trust Co. v. WinthropNew York Court of Appeals · 1923
- In Re the Will of BumpNew York Court of Appeals · 1922
- In re the Estate of FishelNew York Surrogate's Court · 1938
- In Re the Probate of the Will of WilsonNew York Court of Appeals · 1945
- In re the Estate of WilsonNew York Surrogate's Court · 1944
3Cited by2 opinions
- In re the Estate of SmithNew York Surrogate's Court · 1964
- In re the Will of SwartNew York Surrogate's Court · 1961