New York Court of Appeals

Jacob F. Schoellkopf, Appellants v. the Marine Trust Company of Buffalo, Respondent

May 21, 1935267 N.Y. 358

Summary

The Court affirmed the lower court, holding that revocation of the Schoellkopf trust is permissible only with the consent of all persons beneficially interested, which includes the living grandchildren who have a contingent remainder interest, and that infants are not required to consent.