In re the Estate of McManus
In the Matter of the Estate of Leo K. McManus, Joseph M. McManus, Sr., Respondent Virginia A. McManus, as of Leo K. McManus, In the Matter of the Estate of Mary F. McManus, Joseph M. McManus, Sr., Respondents Leo K. McManus, as of Mary F. McManus
Opinion of the Court
Text extracted by OCR from a scanned original; check the original for exact wording.
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs.
Inasmuch as appellants and their predecessors in interest were not beneficially interested in the trust created in the will of John J. McManus, who died in 1935, they lack standing to challenge the actions of its trustee (Cashman v Petrie, 14 NY2d 426, 430 ). Accordingly, their allegation that a breach of trust occurred in 1941, when the trustee transferred the corpus of the trust, was properly rejected.
Given this disposition of the matter, we need not decide whether the conduct of the trustee comported with the terms of the trust, but if we were to reach the question, because of the special situation presented here, we state that we would affirm for the reasons stated in the opinion of Mr. Justice James D. Hopkins at the Appellate Division.
Chief Judge Cooke and Judges Jasen, Gabrielli, Jones, Wachtler and Fuchsberg concur in memorandum.
Order affirmed.
How later courts describe this case
Explanatory parentheticals written by citing courts — 2 in all; the most informative distinct ones are shown.
-
(holding that those 8 A-1667-15T3 not beneficially interested in a trust "lack standing to challenge the actions of its trustee")
Cited by 12 cases
View all citing references →- U.S. Courts of Appeals1
- Federal District Courts1
- Bankruptcy Courts1
- State Appellate Courts7
- State Specialty Courts2
Relies on it most ⓘ
Citing references are not a citator: they show that a later opinion cites this case, not whether it followed, distinguished, or overruled it. Check negative history before relying on this case.