If I as the beneficiary can choose a new trustee are there any requirements they have to have? Can my wife take the position?

It is possible that your wife could act as Trustee. However, before that determination can be made, the Trust needs to be reviewed as well as NY...

If you inherit a house in NY, do you owe any taxes other than assuming payment of the home’s real estate taxes?

The answer really depends upon the total value of the Estate and how the property was inherited. More information would be needed to give the best...

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These accounts are to be listed on the List of Assets/Inventory form that is required to be filed in the Surrogates Court where the estate is being...

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What is the difference between ;1. administration rights vs being a Fiduciary. 2. Being a distribute vs beneficiary.

I would recommend that you immediately seek the advice of an attorney that handles Estate Probate and Administration. Your situation is complex. ...

Right Since joint bank accounts go directly to surviving owner, they are not considered part of decedent’s estate right?

Generally, property that is owned "as joint tenants with rights of survivorship" passes directly to the survivor upon the death of the other joint...

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Wills: sole-beneficiary deceased. Need a lawyer to help with estate.

Your sister's will still needs to be probated. You can hire a lawyer to assist you with this process. I would be more than happy to discuss this...

Should the tax bill state name in trust when I get the bills or is it ok for the bill to come in first and last name only?

The tax bill should reflect the proper name of the owner. If the property was placed in a Trust, then the Trust is the owner. The property should...

The full value of the account is listed on the List of Assets/Inventory filed with the Surrogates Court. But, it is listed under the "Non-Probate,...