(DOWNLOAD) "Matter Estate Osvald Kosek" by Court of Appeals of New York # Book PDF Kindle ePub Free
eBook details
- Title: Matter Estate Osvald Kosek
- Author : Court of Appeals of New York
- Release Date : January 14, 1973
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 58 KB
Description
Osvald Kosek was a Czechoslovakian refugee who, after his property had been confiscated by the Czechoslovakian communist government, had come to this country some time prior to 1957. He died in 1960, leaving a will in which he bequeathed his estate -- having a value of about $50,000 -- in trust for the benefit of his niece, Milena Petrof-ova, and her son, his grandnephew, Ivan Petrof. The will directed the trustee to "apply" the income "together with so much of the principal thereof as he, in his sole and unlimited discretion may determine, for the support, maintenance and comfort", of the two beneficiaries, "all this [being] subject to the provisions hereinafter set forth". The testator also provided that whatever remained of the principal after the death of the life beneficiaries was to go to such persons as the survivor should validly appoint; in default of appointment, such remainder was to be paid to the issue of the grandnephew and, in the event "there [were] no such issue," to charities designated by the trustee.