MUNICIPAL INVESTMENT TR FD MULTISTATE SER 416 DEF ASSET FDS, 487, EX-99.C1, 2000-08-04

MUNICIPAL INVESTMENT TR FD MULTISTATE SER 416 DEF ASSET FDS
487, EX-99.C1, 2000-08-04

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                                                                     EXHIBIT 5.1

                       CONSENT OF INDEPENDENT ACCOUNTANTS


The Sponsors and Trustee of Municipal Investment Trust Fund, Multistate
Series--416, Defined Asset Funds (California and New York Insured Trusts):



We consent to the use in this Registration Statement No. 333-38120 of our report
dated August 4, 2000 relating to the Statements of Condition of Municipal
Investment Trust Fund, Multistate Series--416, Defined Asset Funds (California
and New York Insured Trusts) and to the reference to us under the heading "How
the Fund Works--Auditors" in the Prospectus which is a part of this Registration
Statement.



DELOITTE & TOUCHE LLP
New York, N.Y.
August 4, 2000