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r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
rookhaven, 80 Misc. 2d 563, N.Y.S.2d 731 (1975); Weiner v. McGraw-Hill, Inc. 57 N.Y.2d 458, 457 N.Y.S.2d 193, 443 N.E.2d 441 (2d Dep't 1982); In re Toscana, 799 F. Supp. 2d 230 (2011). Under the terms of the Trust Agreement, the Settlor alone, in a non-fiduciary capacity, decides whether to exercise th
2 mentions1 same-page
Page ?Same page
r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
rookhaven, 80 Misc. 2d 563, N.Y.S.2d 731 (1975); Weiner v. McGraw-Hill, Inc. 57 N.Y.2d 458, 457 N.Y.S.2d 193, 443 N.E.2d 441 (2d Dep't 1982); In re Toscana, 799 F. Supp. 2d 230 (2011). Under the terms of the Trust Agreement, the Settlor alone, in a non-fiduciary capacity, decides whether to exercise th
2 mentions1 same-page
Page ?Same page
r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
rookhaven, 80 Misc. 2d 563, N.Y.S.2d 731 (1975); Weiner v. McGraw-Hill, Inc. 57 N.Y.2d 458, 457 N.Y.S.2d 193, 443 N.E.2d 441 (2d Dep't 1982); In re Toscana, 799 F. Supp. 2d 230 (2011). Under the terms of the Trust Agreement, the Settlor alone, in a non-fiduciary capacity, decides whether to exercise th
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2 mentions1 same-page
Page ?Same page
r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
rookhaven, 80 Misc. 2d 563, N.Y.S.2d 731 (1975); Weiner v. McGraw-Hill, Inc. 57 N.Y.2d 458, 457 N.Y.S.2d 193, 443 N.E.2d 441 (2d Dep't 1982); In re Toscana, 799 F. Supp. 2d 230 (2011). Under the terms of the Trust Agreement, the Settlor alone, in a non-fiduciary capacity, decides whether to exercise th
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Mutual Connections (15)
Entities connected to both Substitution Power and Toscana
Samantha Power
PERSON8 w/ Substitution·5 w/ Toscana
Settlor
ORGANIZATION7 w/ Substitution·4 w/ Toscana
New York State
LOCATION7 w/ Substitution·4 w/ Toscana
the Trust Fund of any Trust
ORGANIZATION7 w/ Substitution·4 w/ Toscana
Federal and New York State
ORGANIZATION7 w/ Substitution·4 w/ Toscana
the "Substituted Property
ORGANIZATION7 w/ Substitution·4 w/ Toscana
MW
Martin Weinberg
PERSON6 w/ Substitution·4 w/ Toscana
RI
Richman
PERSON6 w/ Substitution·4 w/ Toscana
Department of Taxation and Finance
ORGANIZATION6 w/ Substitution·4 w/ Toscana
Brookhaven
LOCATION6 w/ Substitution·4 w/ Toscana
Reacquisition of Trust Assets
ORGANIZATION6 w/ Substitution·4 w/ Toscana
N.Y.2d 458
ORGANIZATION6 w/ Substitution·4 w/ Toscana
McGraw-Hill
ORGANIZATION4 w/ Substitution·4 w/ Toscana
the Settlor's Substitution Power
ORGANIZATION4 w/ Substitution·4 w/ Toscana
the Trust Property
ORGANIZATION4 w/ Substitution·4 w/ Toscana