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MATTER OF HELLER INTER VIVOS TRUST

161 Misc.2d 369 (1994)

613 N.Y.S.2d 809

In the Matter of the Joseph Heller Inter Vivos Trust.

Surrogate's Court, New York County.

May 18, 1994

Attorney(s) appearing for the Case

Milbank, Tweed, Hadley & McCloy, New York City (Jonathan G. Blattmachr of counsel), for Jacqueline Heller, petitioner. Genevieve L. Fraiman, New York City, guardian ad litem, for infant beneficiaries.

RENEE R. ROTH, S.

This is an application to split an irrevocable inter vivos trust into two trusts for the novel purpose of insulating the trust's substantial cash and securities from potential creditor's claims that could arise from the trust's real property.

The trust was created by Joseph Heller on February 22, 1984 for the sprinkling income and principal benefit of his three grandchildren with...

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