In re the Estate of Forsheim

Joseph A. Cox, S.

In these proceedings the executors seek the judicial settlement of their final account and the trustees seek the judicial settlement of their intermediate account. Two of the executors are the trustees.

One of the assets includible in the gross estate for the purpose of computing Federal and New York estate taxes consists of real property which was specifically devised by the will to the trustees and never came into the possession or control of the executors. The executors have paid the estate taxes and have apportioned the amount of the tax among the persons interested in the…