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MATTER OF PRANKARD

245 A.D.2d 566 (1997)

666 N.Y.S.2d 45

In the Matter of The Estate of Harry I. Prankard, 2nd, Deceased. Morgan Guaranty Trust Company of New York, Appellant-Respondent; Estate of Dorothy J. Prankard, Respondent-Appellant

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

December 29, 1997

Ordered that the order is reversed insofar as appealed and cross-appealed from, without costs or disbursements, and the matter is remitted to the Surrogate's Court, Westchester County, for a hearing on the reasonableness of the petitioner's application for commissions under SCPA 2312 (2).

SCPA 2312 provides that for trusts, such as those at issue here, which have a principal value of more than $400,000, "a corporate trustee shall be entitled to such commissions as...

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