 His estate was valued at $2,847,201 with a net value of $499,392, which accounted for debts, mortgages, administrative expenses and a $515,000 payment to his daughter in settlement of an action she brought for an accounting of Bishop's trusteeship of a fund in which she had an interest.His principal beneficiary was his widow and a friend, Edith Nixon.Bishop was found to have improperly handled the estate of Matilda W. White, his aunt, who left an estate of $3,546,558.