Legal Opinion
In re the Construction of an Indenture of Trust
Appellate Division of the Supreme Court of the State of New York
Decided May 20, 1971PublishedCited by 12 opinions
1Opinion of the CourtKupferman, J.
The question is as to the status of petitioner Ulrich Wehrli, a Swiss national, as possible substitute successor trustee under an indenture of trust dated October 18,1963, which trust is now said to be worth some $17,000,000.
*490Alfred Jurzykowski, a Brazilian, set up the trust with the First National City Trust Company (Bahamas) Ltd. It was amended twice, and while a third amendment was pending, the settlor died in May, 1966.
With the death of the settlor, the bank’s trusteeship terminated and the trust’s Bahamas situs changed to the District of Columbia. The successor trustees had the right to…
2Cases cited5 opinions
- In Re Proving the Will of LelandNew York Court of Appeals · 1916
- Jessup v. . SmithNew York Court of Appeals · 1918
- In re the Estate of EdwardsAppellate Division of the Supreme Court of the State of New York · 1948
- In re the Estate of AngellAppellate Division of the Supreme Court of the State of New York · 1944
- In Re the Estate of AngellNew York Court of Appeals · 1945
3Cited by12 opinions
- In re Estate of PalmaAppellate Division of the Supreme Court of the State of New York · 2007
- In re the Estate of VeneziaAppellate Division of the Supreme Court of the State of New York · 2006
- In re BoyleAppellate Division of the Supreme Court of the State of New York · 1996
- In re the Estate of RadNew York Surrogate's Court · 1994
- In re the Estate of MorningstarAppellate Division of the Supreme Court of the State of New York · 2005
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