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MATTER OF KING

196 Misc.2d 250 (2003)

764 N.Y.S.2d 519

In the Matter of the Estate of JOSEPHINE C. KING, Deceased.

Surrogate's Court, Broome County.

June 4, 2003.

Attorney(s) appearing for the Case

Paul M. Price, Binghamton, for petitioner.

Levene, Gouldin & Thompson, LLP, Binghamton (David M. Gouldin of counsel), for respondent.

OPINION OF THE COURT

EUGENE E. PECKHAM, S.

This is an action on an agreed statement of facts submitted pursuant to CPLR 3222. Petitioner, BCT Federal Credit Union, has filed four claims for monies loaned to decedent, Josephine C. King, during her lifetime. The decedent's estate does not have sufficient assets to pay the claims and is therefore insolvent.

The dispute centers upon three nonprobate assets...

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