(Download) "Matter Estate Michael Cristo" by Supreme Court of New York ~ Book PDF Kindle ePub Free
eBook details
- Title: Matter Estate Michael Cristo
- Author : Supreme Court of New York
- Release Date : January 14, 1982
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
Appeal from that part of a decree of the Surrogates Court of Rensselaer County (Travers, S.), entered June 6, 1980, which, inter alia, held that decedent made a valid inter vivos gift of 43 shares of stock in M. Cristo, Inc., to his son Michael P. Cristo, Jr. This appeal is limited solely to a determination made by the Surrogate after trial upon cross objections to separate accountings filed by two coadministrators of the estate of Michael Cristo, Sr. The objectants are sons of the decedent. At issue is the ownership of 43 shares of stock in M. Cristo, Inc., a close corporation. The Surrogate found that the shares had been given to Michael P. Cristo, Jr., by valid inter vivos gifts, during the years 1966 to 1972, out of 100 shares of stock originally issued to decedent. The Surrogate also found a lack of clear and convincing evidence of intent to give 16 additional shares claimed by Michael [86 A.D.2d 700 Page 701]