MATTER OF PAYSON


132 Misc.2d 949 (1986)

In the Matter of The Estate of Charles S. Payson, Deceased.

Surrogate's Court, Nassau County.

August 21, 1986


Attorney(s) appearing for the Case

Carter, Ledyard & Milburn for petitioner. Nixon, Hargrave, Devans & Doyle for John W. Payson, respondent. Milbank, Tweed, Hadley & McCloy for Virginia K. Payson, respondent. Paul, Weiss, Rifkind, Wharton & Garrison for Sandra H. Payson and others, respondents. Zola A. Aaronson, Tax Attorney.


C. RAYMOND RADIGAN, J.

This petition brought by the U. S. Trust Company as preliminary executor requests authorization to advance funds out of the income of the estate to pay for the maintenance of specifically devised real property pending a trial of the contested probate proceeding.

The property which is the subject matter of this proceeding comprises three parcels located, respectively, in Hobe Sound...

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