PETITION TO COMPEL ACCOUNTINGS UNDER AN INSTRUMENT DATED 6/27/91 EXECUTED BY FELS HECHT, (2461/12) — This is a petition by a beneficiary to compel accountings by the trustee of trusts established in 1991 by Fels Hecht ("settlor"). The trust instrument established a single trust for settlor's lifetime and directed that, upon his death, the remainder was to be divided into two separate trusts, one for petitioner's benefit and one for the benefit of respondent trustee. It is undisputed that the trustee has never accounted for any of the trusts. Accordingly, she is directed to account for the trusts as to which petitioner has standing to seek accountings, i.e., the single trust that terminated upon settlor's death and the separate trust that was established for petitioner's benefit. The trustee shall file accountings of her proceedings with respect to those trusts, together with petitions for the judicial settlement thereof, within sixty (60) days of the date of this decision.
PETITION TO COMPEL ACCOUNTINGS UNDER AN INSTRUMENT DATED 6/27/91 EXECUTED BY FELS HECHT
Surrogate's Court, New York County
January 31, 2013