Benjamin v. Morgan Guaranty Trust Co.
202 A.D.2d 536 (1994)
Issues
The legal issues presented in this case will be displayed here.
Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
The will creating a marital trust also granted a general power of appointment to Mrs. Cromwell upon her death. Cromwell made an agreement with Morgan (D), trustee, and appointed the remainder of the marital trusts to hospitals. P brought this action to dispute the exercise of the power of appointment in that it violated New York law, that prohibits making a contract to make or exercise a power of appointment or for contracting one away. The court ruled for D and P appealed.
Holding & Decision
The court's holding and decision will be displayed here.
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
© 2007-2025 ABN Study Partner