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Practice Reports, Vol. 2: Containing Cases Under the Code of Civil Procedure and the General Practice of the State of New York, Selected From Decisions of All the Courts (Classic Reprint) - Softcover

R. M. Stover

 
9781330976746: Practice Reports, Vol. 2: Containing Cases Under the Code of Civil Procedure and the General Practice of the State of New York, Selected From Decisions of All the Courts (Classic Reprint)

Synopsis

Understanding how executors handle complex estates and the creation of trusts in wills

The book explains the duties of executors who manage property, invest income, and support beneficiaries. It shows how a will can create a trust that lasts through the lives of the widow and the testator’s children, with income and provisions allocated accordingly.

In clear terms, you’ll see how the court interprets intentions, balances discretion with duty, and enforces provisions when personal and family needs are involved. The material covers who bears responsibility for investments, how co-trustees assist in administration, and what happens when plans depend on future events like remarriage.
  • How a will can lay out active duties for executors and the creation of a trust that stretches over time
  • The roles and responsibilities of cotrustees and the surviving spouse in managing the estate
  • How income is handled and distributed to beneficiaries, with charges and provisions to be satisfied
  • How courts enforce the testator’s intentions and handle disputes among heirs and dependents
Ideal for readers interested in probate law, estate planning, and the practical duties of executors and trustees in complex family estates.

"synopsis" may belong to another edition of this title.