112 N.Y.S. 520 | N.Y. Sup. Ct. | 1908
The plaintiff has recovered a judgment against the defendant Albert B. Hilton, for $24,337.66. The will of Henry Hilton, deceased, after giving a specific legacy to Albert B. Hilton, provides that his estate shall be divided into twelve parts, in four of which Albert B. Hilton is given an interest. The will also provides that “ the share and interest herein of my son Albert B. Hilton shall be incapable of being sold, assigned or transferred or in any manner controlled by him; and as to which I fully authorize and empower my executors to retain and withhold the same, in trust, to pay out or pay over or apply so much and such parts thereof 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, and on his death to pay over and distribute such part of his share as should be then remaining in the hands of my executors to his wife, Hattie K., and their children, or to such of them as shall be then living, in equal shares and proportions, share and share alike.”
This action is brought to induce the court to declare a fixed sum to be sufficient for the maintenance and support of the defendant Albert B. Hilton, and his family, and to direct that any income, in excess of this amount, should be applied to the payment of the judgment which the plaintiff has recovered against Albert B. Hilton.
It is apparent from the provisions of the will of Henry Hilton, quoted above, that the duty of fixing the income of Albert B. Hilton rests upon the executors and not upon the court. The testator, under the will, vests his executors with a wide discretionary power. The amount to be paid to Albert B. Hilton depends upon the judgment and discretion of the executors. He is entitled to receive only such a sum as they consider necessary, proper or expedient for the support and maintenance of himself and his family. If in the judgment of the executors they deem it unnecessary, improper or inexpedient that the whole income of the estate should be paid to Albert B. Hilton, the balance retained by them remains a part of the trust estate, to which the children of Albert B. Hilton are entitled. Russell v. Hilton, 37 Misc. Rep. 642; 80 App. Div. 178; 175 N. Y. 525. In view of the rights of the children of Albert B. Hilton in any balance of the income of the estate which the executors may in their discretion decide not to pay to Albert B. Hilton, it is evident that such balance cannot be applied in satisfaction of the debt of Albert B. Hilton to the plaintiff. The plaintiff, as creditor, has no greater right to this balance than that of the cestui que trust (Wetmore v. Truslow, 51 N. Y. 338), and the latter has no right to it at all. Albert B. Hilton is entitled only to what the executors give him, and the balance is the property of others. To permit the plaintiff to prevail in this action would deprive the children of Albert B. Hilton of their rights to this property which may arise at any time dependent upon the manner in which the discretion of the executors shall be exercised. In the case now under consideration the bene
Complaint dismissed.