In re the Accounting of Fahnestock

273 A.D. 767 | N.Y. App. Div. | 1947

The only alternatives are to add to the residuary estate the $100,000 advanced to testator’s daughter Ruth (as the Surrogate did), or else to hold that the will means that the advancements to Ruth should not pass under the will but be adjusted as provided by section 85 of the Decedent Estate Law as in event of intestacy. The former is manifestly what the decedent intended. It would do violence both to the will and to section 85 of the Decedent Estate Law to uphold the contention of appellants that the sum which he had advanced to Ruth was intended to be added exclusively to the trusts created by his will for his children and the issue of deceased children. That would result in a distribution provided for neither by the will nor by the intestate law. Decree, so far as appealed from, affirmed, with costs to all parties to the appeal payable out of the estate. Present — Glennon, J. P., Dore, Cohn, Callahan and Van Voorhis, JJ.; Dore and Callahan, JJ., dissent and vote to modify so as to provide that the widow would participate in the true residuary estate (without taking into consideration the $100,000 advancement) and that the children would likewise participate in the true residuary but among themselves would make adjustment" for the advancement to the daughter Ruth.