In re the Accounting of First National Bank of Binghamton

195 Misc. 793, 89 N.Y.S.2d 826, 1949 N.Y. Misc. LEXIS 2349
CourtNew York Surrogate's Court
DecidedJune 17, 1949
StatusPublished
Cited by2 cases

This text of 195 Misc. 793 (In re the Accounting of First National Bank of Binghamton) is published on Counsel Stack Legal Research, covering New York Surrogate's Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re the Accounting of First National Bank of Binghamton, 195 Misc. 793, 89 N.Y.S.2d 826, 1949 N.Y. Misc. LEXIS 2349 (N.Y. Super. Ct. 1949).

Opinion

Page, S.

This is a proceeding for the judicial settlement of the account of the above-named trustee in connection with which the petition seeks a construction of paragraph “ Ninth ” of the will, reading as follows: “Ninth. Upon the death of my said brother, William L. Walker, I give and bequeath all my said estate that may remain, including said trust estate, to said Walter Werthamer and Gertie Werthamer, his wife, and to the survivor of them. I make the above provisions for said Walter Werthamer and Gertie Werthamer, his wife, because of their [794]*794friendship to my wife and myself and the assistance they rendered to my wife and myself and the kindness shown to my wife during her illness.”

The preceding paragraph “ Eighth ” of the will created a trust for the benefit of testator’s brother, William L. Walker, who is also now deceased. The only residuary assets remaining are those comprising the remainder of this trust.

The testator died August 17, 1927. Walter and Gertie Werthamer both survived him. In 1933, Gertie obtained a Pennsylvania divorce from Walter. She remarried in 1934, her name thereupon becoming and still remaining, Gertie Woods. In 1940, her former husband, Walter Werthamer, also remarried. He died intestate in 1946, predeceasing the life beneficiary of the intervening trust. His sole distributees are his widow, Elizabeth Webb Werthamer, and an adult daughter, Florence E. Wade. His widow was duly appointed administratrix of his estate and, as such, cited herein.

The position of the accounting trustee is that of a stakeholder. As such, it is concerned only with disposing of the remainder of the trust in a manner to be determined pursuant to the adjudicated construction of the above-quoted paragraph “ Ninth ” of the will.

The contest herein is between Gertrude Woods (formerly Gertrude Werthamer) and Elizabeth Webb Werthamer, as administratrix of the estate of Walter Werthamer, deceased.

On the part of the former, her theory, as presented herein, is that the remainder interest did not vest upon testator’s death, and not until the death of testator’s brother, William L. Walker; that, Walter Werthamer being then deceased, she is the only person qualified to take and, as such, takes the entire remainder.

On the part of the latter, the theory advanced is that the remainder vested upon testator’s death in Walter Werthamer and his then wife, Gertie Werthamer, as tenants in common; that, now, the intervening trust for the benefit of testator’s brother being terminated, Walter Werthamer being now deceased and she being the administratrix of his estate, that she is entitled to take possession of his share as an asset of his estate.

A third theory, not appearing to have been considered by either of the opposed parties, is, nevertheless, one of which some determinative disposition must be made. This involves the consideration of whether or not the vesting occurred at testator’s death in Walter Werthamer and his then wife, Gertie Werthamer, but not as tenants in common, and, rather, as joint tenants.

[795]*795The first natural division of the judicial process to be pursued is its interpretative phase. The interpretative phase is identified with the inquiry as to what was the testamentary intent, as manifested by the testamentary provision directly in question, considering its context in the will as a whole and its significance in the light of material surrounding circumstances and conditions.

Courts seldom, if ever, assume to adjudicate unnecessary or academic questions. In the present instance, if the contention of respondent, Gertrude Woods, viz., that vesting did not occur upon testator’s death but was deferred until the termination of the intervening trust is well founded, then the ownership of the remainder in question is readily and easily determinable and we need go no further.

Whether or not this contention is sustainable depends, primarily, upon the language found in the paragraph directly in question and its interpretation in relation to all the other provisions of the will and circumstances surrounding the testator when he executed it. The language itself, consisting of words of present gift to beneficiaries nominatim, free of any indication to any contrary effect, indicates an immediate gift of a future interest as of the testator’s death, the date as of which the previously ambulatory will speaks. Other provisions of the will, including paragraphs “ Fifth ” and Seventh ” providing other benefits for the same two beneficiaries and the survivor of them, tend to confirm the conclusion that, in line with the principle of the vesting of estates or titles at the earliest date consistently possible (Riker v. Gwynne, 201 N. Y. 143,149) that, in this instance, the future interest must be regarded as having vested immediately upon the testator’s death. The surrounding circumstances, particularly the fact that the beneficiaries were husband and wife at the time the will was executed and had jointly conferred benefits upon the testator and his wife, tend to corroborate this construction. Circumstances arising subsequent to the execution of the will, the beneficiaries’ divorce and their respective remarriages, etc., cannot be taken into consideration, as they could not, he being no clairvoyant, have affected the testator’s intent at the time he made his will. (Morris v. Sickly, 133 N. Y. 456.)

The combined effect of all these considerations is to compel the conclusion that the “ when ” question in relation to vesting is answered by finding that it occurred upon testator’s death, and the “ in whom ” question, of course, is answered by det<>r[796]*796mining the vestees to have been Walter Werthamer and Gertie Werthamer, his wife.

But the complete resolution of the construction in the present instance is not as simple as this. A determination that vesting occurred at the testator’s death and in whom does not here fully comprehend the necessary ultimate solution. We must go further and are launched upon a combined consideration of the second and third theories above stated. This is true because of the necessity of determining the how ” of the vesting, whether as tenants in common or jointly.

The only difficult and troublesome issue here presented is as to this question as to the quality of the vesting. We are still in the interpretative phase of the present construction in examining the situation as to the testator’s purpose or plan as to which one of the two possible forms of vesting he intended. If we were to conclude that he did not definitely intend either one, the vesting would be as a tenancy in common. Even if he intended a joint tenancy, his intention would be abortive unless expressed with unquestionable certainty and the construction would still be a tenancy in common.

Bemembering that the beneficiaries were, at the date of the will’s execution, husband and wife, apparently, maintaining normal relations with each other as such, and had come jointly into the favor of the testator because of their kindnesses to him and his wife, it would be quite natural that the testator might wish to benefit them jointly. Probabilities are frequently determinable in the light of well-known facts concerning human motivations and conduct.

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Related

In re the Estate of Wachs
50 Misc. 2d 565 (New York Surrogate's Court, 1966)
In re the Accounting of Flower
5 Misc. 2d 1035 (New York Surrogate's Court, 1957)

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Bluebook (online)
195 Misc. 793, 89 N.Y.S.2d 826, 1949 N.Y. Misc. LEXIS 2349, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-accounting-of-first-national-bank-of-binghamton-nysurct-1949.