X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ESTATE OF NORMAN G. WENNAGEL FAMILY TRUST. (12/4341/D) — Before the court is a motion, filed by petitioner in captioned contested accounting proceeding, to amend her pleading. The motion is opposed by objectant in the accounting proceeding. For the reasons set forth herein, the motion is denied.

Petitioner seeks leave to amend her accounting as she asserts that she recently discovered evidence material and necessary to settle her account, specifically a guaranty signed by decedent related to a mortgage satisfied by funds of the trust. Petitioner states that she bought real property in North Bellmore, New York, in 2004. That property currently houses the “Walk in Love for Jesus Church,” a church that she founded in 1998. This purchase was financed by two mortgages, the first with Continental Mortgage Bankers, dba Financial Equities, in the amount of $495,000, and the second with Brian Norris, an individual, in the amount of $45,000. Petitioner asserts that the grantor of the captioned trust, Norman Wennegal, signed a guaranty of the second mortgage and that guaranty provided for certain “events” that would cause the loan to be immediately due and payable by Mr. Wennegal as guarantor. Petitioner also states that she believed there may have been another guaranty signed by Mr. Wennegal for the first mortgage but that after a search of that bank’s file, she was unable to produce one. Petitioner asserts that this newly found guaranty constitutes a debt of decedent and seeks to amend her accounting to include same in schedule C of her account. Petitioner has attached to her motion a copy of the guaranty, her proposed amended account which she points out in her motion contains changes to Schedule C as well as additional proposed changes to update the schedules related to income and administrative expenses.

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
February 24, 2025 - February 26, 2025
Las Vegas, NV

This conference aims to help insurers and litigators better manage complex claims and litigation.


Learn More
March 24, 2025
New York, NY

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.


Learn More
March 24, 2025 - March 27, 2025
New York, NY

Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.


Learn More

McCarter & English is actively seeking a 5th-6th year trademark associate who has trademark prosecution, licensing and litigation experi...


Apply Now ›

**PLEASE READ THE COMPLETE AD BEFORE APPLYING***Established 25-year boutique Plaintiff's Personal Injury Law Firm in the Dadeland area seeki...


Apply Now ›

Our client, a multi-state full-service boutique, is seeking to add a senior construction litigation associate to their Florida team. Qualif...


Apply Now ›