Is the administrator of an estate personally liable for any outstanding debts
Creditors have seven (7) months after you are appointed administrator to present their claims against the estate. As administrator you are...
Bayside, NY
Real estate Lawyer at Bayside, NY
Practice Areas: Real Estate, Probate ... +3 more
Creditors have seven (7) months after you are appointed administrator to present their claims against the estate. As administrator you are...
You can disinherit your children but as they are your distributees (New York heirs at law who would be entitled to part or all of your estate if...
In a typical New York estate, after all assets have been collected, debts paid and after seven months have elapsed since the issuance of Letters of...
In New York State, the decedent's distributees (generally, heirs) need to consent to a will being admitted to probate or be served with a citation...
Most New York estates are settled by means of an informal accounting which is prepared by the estate's attorney and sent to all beneficiaries. If...
I would advise against preparing and signing even a simple will without the aid of an attorney. Failure to follow the legal formalities of a will...
If you are the nominated executrix in your late husband's will, you will need to sign a renunciation of your appointment at the time the will is...
Assuming more than seven months have elapsed since your brother was appointed executor, (you don't mention when he was appointed, Was it shortly...
In addition to $50,000 and one-half of the balance of the estate, a New York surviving spouse is entitled to certain "exempt" property, such as a...
A surviving spouse is also entitled to certain "exempt" property in New York State, such as a car worth up to $25,000, Cash up to $25,000 and...