MATTER OF SACKLER


193 A.D.2d 806 (1993)

598 N.Y.S.2d 81

In the Matter of The Estate of Arthur M. Sackler, Deceased. Gillian T. Sackler et al., Respondents; Carol Master et al., Appellants

Appellate Division of the Supreme Court of the State of New York, Second Department.

May 24, 1993


Ordered that the decree is reversed insofar as appealed from, on the law, with costs to the appellants payable by the estate, the first, second, and third decretal paragraphs of the decree are deleted, and the trustees are granted the exclusive right to possess and to loan the artwork.

The Trust Indenture expressly grants the trustees the power to "retain and hold" the property of the trust. The Trust Indenture also states that "[t]he Trustees or their designated...

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