In re the Estate of Deaken

143 Misc. 647, 257 N.Y.S. 839, 1932 N.Y. Misc. LEXIS 1147
CourtNew York Surrogate's Court
DecidedFebruary 1, 1932
StatusPublished
Cited by1 cases

This text of 143 Misc. 647 (In re the Estate of Deaken) 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 Estate of Deaken, 143 Misc. 647, 257 N.Y.S. 839, 1932 N.Y. Misc. LEXIS 1147 (N.Y. Super. Ct. 1932).

Opinion

Hetherington, S.

Mary Deaken died leaving a last will and testament which was admitted to probate by a decree of this court on June 27, 1919. The material provisions of her will are as follows:

II. I give, devise and bequeath to my sons John and Frank and my daughter Ella, the sum of Thirty thousand dollars in trust, to use and dispose of as hereinafter set forth.'

“ III. All the rest, residue and remainder of my estate, after the establishment of this trust fund of Thirty thousand dollars, I do give, devise and bequeath in equal parts to my children, John, Frank and Ella.

IV. I do direct my said sons John and Frank and my daughter Ella to have and to hold the aforesaid sum of Thirty thousand dollars in trust, and to invest, reinvest and change the investments thereof, and out of the net income thereof to pay over to my daughter Catherine, the sum of One hundred dollars per month as long as she remains unmarried, and the balance of said income, if any there be, to pay over yearly in equal proportions to my sons John and Frank and my daughter Ella. In case my daughter Catherine should at any time marry, I direct my trustees to pay over and distribute the principal of said trust fund in the manner and form following, to wit: First. To pay thereout to the said Catherine, a sum of money equal to the amount which each of my remaining children receives of the balance of my estate at the time of my death under subdivision III of this will, and the balance of such moneys to divide into four equal parts, and to pay over one of such parts to my daughter Catherine; one of such parts to my daughter Ella; one of such parts to my son John; and one of such parts to my son Frank, the purpose of this being that in case of [649]*649the marriage of my daughter Catherine each of my children shall share equally in my estate. In case my daughter Catherine shall not marry, then upon her decease, I direct that the said trust fund of Thirty thousand dollars or so much as remains shall be divided into three equal parts and one of such parts paid over to my son John; one to my son Frank and one to my daughter Ella.

“V. If at any time during the continuance of the trust above created the condition of my daughter Catherine shall be such that in the judgment of a majority of said trustees it shall be deemed necessary to pay a portion of the principal of said trust fund over to her, then I direct that my trustees may on such occasion or occasions pay over to the said Catherine such portion or portions of the principal of the said trust fund as in their judgment may be wise, but such payments shall not in the aggregate exceed the sum of Six thousand dollars. In case any payments shall be made under this subdivision and thereafter my daughter Catherine shall marry so that there shall be a distribution of such trust fund, such amount theretofore paid over to her shall be charged against her for the purpose of equalization in distribution.

VI. In case of the death of my said sons John or Frank, or my daughter Ella leaving issue him or her surviving, then I direct that such issue shall take the parents share, per stirpes.”

On October 18, 1921, a decree of final settlement of the accounts of the executor of her estate was duly made and by decree John Deaken received as trustee a fund of $30,000, as provided by the second paragraph of said will, to be held in trust for her daughter Catherine upon the terms and conditions set forth in the fourth and fifth paragraphs thereof.

John Deaken died on July 4, 1928, a resident of Bronx county, leaving a last will and testament which was admitted to probate by the Surrogate’s Court of that county on October 8, 1928, in which, among other provisions, he provided for the disposition of his interest in the aforesaid trust fund of $30,000 under his mother’s will, as follows:

III. I am entitled under the will of my late mother, Mary Deaken, to one-third of the property held in trust during the life of my sister Katherine, and this property I do give and bequeath in equal shares to my nieces, Helen Deaken, daughter of my brother Frank, Miriam Roeber, daughter of my sister Ella, and my nephew William Roeber, son of my sister Ella.”

Catherine Deaken is alive and unmarried. Frank Deaken died intestate on July 4, 1931, leaving a daughter Helen, as his only distributee. Ella Roeber (ne'e Deaken) is alive, married and has two children, a son William and a married daughter, Miriam [650]*650Roeber Rosenblatt. The executors of John Deaken, deceased trustee under the will of his mother, are now accounting for him as such trustee. His substituted trustee has joined in such accounting and in their joint petition for a judicial settlement thereof, have requested a construction of the will so as to determine (1) whether the corpus of the trust upon the death of Catherine is presently vested in John, Frank and Ella or vested subject to be divested and letting in afterborn children, or contingent; (2) whether the death referred to in the sixth paragraph refers to a death of one or more of the named persons during the lifetime of the testatrix or at some other time, and (3) whether the excess income earned on the $30,000 trust fund is vested in John, Frank and Ella until the termination of the trust notwithstanding their deaths prior to that time.

Considering the problems in the order outlined, I will first discuss and deternine the nature of the interests of John, Frank and Ella in the $30,000 trust fund. These interests are defined by the fourth paragraph and limited upon either of two events, (1) the marriage of Catherine, and (2) her death unmarried. On marriage each child of the testatrix, including Catherine, receive a one-fourth part, while on the happening of the second event, John, Frank and Ella each receive a one-third part.

Section 40 of the Real Property Law provides as follows: A future estate is either vested or contingent. It is vested, when there is a person in being, who would have an immediate right to the possession of the property, on the determination of all the intermediate or precedent estates. It is contingent while the person to whom or the event on which it is limited to take effect remains uncertain.” The law favors such a construction of a will as will avoid the disinheritance of remaindermen who may happen to die before the determination of the precedent estate. (Connelly v. O’Brien, 166 N. Y. 406.) Independent of the event of marriage, the remainders are vested within the terms of the statute. The only effect of Catherine’s marriage is that her one-fourth interest will be let in and the interests of her sister and brothers will be reduced from one-third to one-fourth parts. In any eventuality the remainders must fall in and their time of vesting is fixed as not later than Catherine’s death. The contingency of marriage does not affect the vesting of the remainders, but operates only to affect their advancement and the quantum of the shares. Language similar to that used here, “ so long as she shall five or shall remain my widow,” has been construed to give a present vested remainder, the payment or enjoyment of which is postponed until death or remarriage. (Matter of Halvordson, 137 Misc. 75.) Neither does the use of the words “ pay over ” and [651]*651“ distribute ” the principal (upon marriage) nor the direction (in the event of death unmarried) that the said trust fund shall be divided into three equal parts ” prevent immediate vesting of the remainders.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Estate of Lewis v. Commissioner
1963 T.C. Memo. 331 (U.S. Tax Court, 1963)

Cite This Page — Counsel Stack

Bluebook (online)
143 Misc. 647, 257 N.Y.S. 839, 1932 N.Y. Misc. LEXIS 1147, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-estate-of-deaken-nysurct-1932.