In re the Judicial Settlement of the Estate of Kempf

New York Surrogate's Court

In re the Judicial Settlement of the Estate of Kempf

6 Mills Surr. 60, 53 Misc. 200, 104 N.Y.S. 585

CourtNew York Surrogate's Court

DecidedFebruary 15, 1907

StatusPublished

Cited by2 cases

This text of 6 Mills Surr. 60 (In re the Judicial Settlement of the Estate of Kempf) 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 Judicial Settlement of the Estate of Kempf, 6 Mills Surr. 60, 53 Misc. 200, 104 N.Y.S. 585 (N.Y. Super. Ct. 1907).

Pincite

Opinion

Church, S.

There is no present necessity for the determination of the time at which the various estates vest under the will in question, and I shall not now consider them. The moneys paid to the executrix for the support and maintenance of the infants appear to have been all expended. The fact that in certain of her duties she has paid the moneys to> the estate does not justify her in demanding they should be repaid to her.

The arrangement that the executor, in carrying on the business, should be paid a commission based upon the amount of the business is, perhaps, a somewhat unusual one but there is nothing showing its impropriety. The executor has evidently managed this business with rare skill, as the net value of the estate has more than doubled in his hands. He states positively that the amount which he has been paid is precisely the sum he was receiving from the deceased during her lifetime when he was managing the business. The executrix herein presumably had fair access to the books and 'an opportunity to disprove this statement, if it was untrue. As she has not done so it seems proper to assume that when the deceased permitted the executor to continue the business she meant that he should receive the same compensation for its conduct as executor as he had received from her as an employee.

The commissions to the executor and the executrix will be fixed in accordance with the decision of the Court- of Appeals in Beard v. Beard, 140 N. Y. 260. Account confirmed.

Decreed accordingly.

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

Church, S.

There is no present necessity for the determination of the time at which the various estates vest under the will in question, and I shall not now consider them. The moneys paid to the executrix for the support and maintenance of the infants appear to have been all expended. The fact that in certain of her duties she has paid the moneys to> the estate does not justify her in demanding they should be repaid to her.

The arrangement that the executor, in carrying on the business, should be paid a commission based upon the amount of the business is, perhaps, a somewhat unusual one but there is nothing showing its impropriety. The executor has evidently managed this business with rare skill, as the net value of the estate has more than doubled in his hands. He states positively that the amount which he has been paid is precisely the sum he was receiving from the deceased during her lifetime when he was managing the business. The executrix herein presumably had fair access to the books and 'an opportunity to disprove this statement, if it was untrue. As she has not done so it seems proper to assume that when the deceased permitted the executor to continue the business she meant that he should receive the same compensation for its conduct as executor as he had received from her as an employee.

The commissions to the executor and the executrix will be fixed in accordance with the decision of the Court- of Appeals in Beard v. Beard, 140 N. Y. 260. Account confirmed.

Decreed accordingly.

Cite This Page — Counsel Stack

Bluebook (online)

6 Mills Surr. 60, 53 Misc. 200, 104 N.Y.S. 585, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-judicial-settlement-of-the-estate-of-kempf-nysurct-1907.

Opinion

Related

Cite This Page — Counsel Stack