With below-freezing temperatures, snow, sleet, hail, and just about every frigid mixture one could imagine, mother nature entered the year 2015 with a roar. As we busied ourselves at work and at home, with the hope for warmer weather, so did the Surrogate’s Courts, as evidenced by the multitude of wide-ranging decisions affecting the field of trusts and estates.
Contested Accounting Results
Before the Surrogate’s Court, Suffolk County, was a contested trustee’s accounting proceeding, in which the objectants, the decedent’s nieces, moved for summary judgment, inter alia, denying approval of the petitioner’s account, directing petitioner to pay to them the amounts due them as a result of non-pro rata distributions of trust funds petitioner made to herself, surcharging the petitioner, directing that interest be paid at the rate of 9 percent per annum, and denying petitioner commissions.
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