Legal Opinion

In re the Accounting of Knauth

New York Court of Appeals

Decided February 28, 1963PublishedCited by 5 opinions

1Opinion of the CourtFuld, J.

In 1931 Anna Knauth created an inter vivos trust for the benefit of her son Oliver. It was provided that he was to receive the entire net income from the trust for his life and that both principal and income were to be “ free and clear from the control of [his] debts, liabilities and engagements ’ ’. In 1938, when he was 26 years old, Oliver married Mary Pickett, and they had two daughters. In 1946 Mary left her husband, taking the children with her, and in February, 1947 she instituted a suit for divorce in Connecticut.

About six months later, while the divorce action was pending, husband and…

2Cases cited11 opinions

  1. Wetmore v. . WetmoreNew York Court of Appeals · 1896
  2. Bramhall v. . FerrisNew York Court of Appeals · 1856
  3. Matter of Sand v. BeachNew York Court of Appeals · 1936
  4. Moore v. . MooreNew York Court of Appeals · 1913
  5. Moore v. MooreAppellate Division of the Supreme Court of the State of New York · 1911

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3Cited by5 opinions

  1. Caravaggio v. Retirement Board of the Teachers' Retirement SystemNew York Court of Appeals · 1975
  2. Wanamaker v. WanamakerNew York City Family Court · 1978
  3. Mahler v. CommissionerUnited States Tax Court · 1987
  4. Estate of Wilson v. CommissionerUnited States Tax Court · 1977
  5. In re First Virginia Bank-HighlandsAlleghany County Circuit Court · 1985

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