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MATTER OF RUST

47 Misc.2d 302 (1965)

In the Matter of the Accounting of Bankers Trust Company, as Trustee of a Trust Created by David W. Rust, Jr., Deceased.

Supreme Court, Special Term, New York County.

May 21, 1965

Attorney(s) appearing for the Case

White & Case for petitioner. Hughes, Hubbard, Blair & Reed for Detroit Bank & Trust Co., respondent.

NATHANIEL T. HELMAN, J.

Petitioner Bankers Trust Company as trustee seeks a secondary intermediate accounting and a construction of a trust agreement executed by David W. Rust on August 15, 1934. Since the donor, David W. Rust, died on March 9, 1962, the problems presented herein are complicated by the operation of the estate tax provisions of the Federal law.

Decedent left a probate estate of approximately...

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