In the Matter of the Accounting of William H. Slocum, as Surviving Executors Of, and Trustees Under the Will…

Summary

The Court held that the $21,763.07 earned by the decedent’s partnership after his death constituted income of the estate, not corpus, and therefore was payable to the life tenants under the will. It also held that the executors‑trustees were not entitled to double commissions because their duties were not separable, and it affirmed the appellate division’s income ruling while reversing the award of double commissions and remanding for a revised accounting.