Case Name: In the Matter of the Judicial Settlement of the Account of Proceedings of Guaranty Trust Company of New York, as Trustee of the Trust Created for the Benefit of Phyllis Healey, under Paragraph " Twenty-Fourth " of the Last Will and Testament of Elmer Ellsworth Smathers, Deceased. Giles G. Healey and Benjamin I. Taylor, as Special Guardian of Phyllis Healey, an Infant, etc., Appellants; Guaranty Trust Company of New York, as Trustee, etc., of Elmer Ellsworth Smathers, Deceased, Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1940-07-02
Citations: 259 A.D. 1088
Docket Number: 
Parties: In the Matter of the Judicial Settlement of the Account of Proceedings of Guaranty Trust Company of New York, as Trustee of the Trust Created for the Benefit of Phyllis Healey, under Paragraph “ Twenty-Fourth ” of the Last Will and Testament of Elmer Ellsworth Smathers, Deceased. Giles G. Healey and Benjamin I. Taylor, as Special Guardian of Phyllis Healey, an Infant, etc., Appellants; Guaranty Trust Company of New York, as Trustee, etc., of Elmer Ellsworth Smathers, Deceased, Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 259
Pages: 1088–1088

Head Matter:
In the Matter of the Judicial Settlement of the Account of Proceedings of Guaranty Trust Company of New York, as Trustee of the Trust Created for the Benefit of Phyllis Healey, under Paragraph “ Twenty-Fourth ” of the Last Will and Testament of Elmer Ellsworth Smathers, Deceased. Giles G. Healey and Benjamin I. Taylor, as Special Guardian of Phyllis Healey, an Infant, etc., Appellants; Guaranty Trust Company of New York, as Trustee, etc., of Elmer Ellsworth Smathers, Deceased, Respondent.

Opinion:
Judicial settlement of trustee's intermediate account. The will directs the trustee to expend for the support of certain infants such sums as in the trustee's judgment are necessary, and to accumulate the balance of receipts until the infants' majorities are reached. The infants live with their mother, who has independent means. The father, who is divorced from the mother, and the special guardian of the infants, objected to the trustee's method of determining necessary expenses for the infants' support and to the amount allowed to the mother for such support. The objections have been overruled and the account allowed and settled. Decree of the Surrogate's Court of Westchester County unanimously affirmed, with costs to all parties filing briefs, payable out of the estate. No opinion. Present — Lazansky, P. J., Carswell, Johnston, Adel and Taylor, JJ.