New York Court of Appeals

In the Matter of the Application of Grace H. Wentworth, as Executrix of John W. Wentworth, Deceased, Respondent and…

December 31, 1920230 N.Y. 176

Summary

The Court affirmed the order requiring the trustee to account for the unauthorized conveyance of trust property, holding that the trustee's discretionary power to apply principal does not permit a sale, that the beneficiary's consent does not overcome the statutory inalienability, and that the repeal's saving clause does not preserve any right to alienate.