Court of Appeals of New York
In the Matter of the Estate of Wallens, 122
In proceeding seeking judicial settlement of accounts of a co-trustee, finding that father, as co-trustee of beneficiary daughter's trust left to her by her grandfather, did not engage in self-dealing, in breach of his fiduciary obligations to daughter by his use of trust funds for her private secondary school education and other expenses, is reversed where a remittal was necessary for Surrogate's Court to conduct a hearing as to whether father carried out his fiduciary duty as a co-trustee to act, in good faith, in his daughter's interests.
Appellate Information
- Decided 10/18/2007
- Published 10/18/2007
Judges
Court
- Court of Appeals of New York