160 N.Y.S. 55 | N.Y. App. Div. | 1916
The will provides that the trustees may “pay out or pay over or apply so much and such parts thereof [Albert B. Hilton’s interest] as they may from time to time consider necessary, proper or expedient for the support and maintenance of the said Albert and his wife and children during his life.” This allowance to Albert B. Hilton and his family may be made by the trustees either from the income or from the principal. The trustees have in fact paid to Albert B. Hilton and his family all of the accumulated income, so that now they are encroaching upon the principal, and in order to support the family they are allowing $36,000 a year for that purpose now, and also $7,000 for a married daughter. The petitioner, a son, now makes application for an additional $7,000, and the court has directed the trustees to pay him $4,000 a year in addition to what is paid to Albert Hilton and the family. The trustees have appealed, insisting that the discretion is left solely with them and not with the court. It would seem that this contention is sound, and that the discretion of the trustees governs, at least unless they Anise their trust.
The cases cited by the respondent here are none of them cases in which the amount of the allowance was specifically left to the discretion of the trustees, as in the case at bar.
In Matter of Akin’s Estate (145 N. Y. Supp. 1105). Surrogate Eowler stated the rule that where testamentary trustees were given discretion under a will the court will not interfere with the reasonable exercise of that discretion. This testator, as he had the right to do, left to the discretion of the trustees what amount should be paid out for the support of the family
The order of the surrogate should be reversed, with costs, and the proceeding remitted to the Surrogate’s Court for action in accordance with this opinion.
Clarke, P. J., McLaughlin, Scott and Page, JJ., concurred.
Order reversed, with costs, and proceeding remitted to surrogate for further action in accordance with opinion.