by Bonnie Lawston | Mar 21, 2023 | Estate Administration, NY Surrogate’s Court Procedure Act.Section 707
Changes to New York Surrogate’s Court Procedure Act. Section 707 Criminal conviction, no problem | Assets all tied up in the estate, no problem A felony conviction no longer disqualifies one from serving as a fiduciary in an estate in New York State now. It is... by Bonnie Lawston | Apr 10, 2020 | Estate Administration
To administer your loved one’s estate depends on several factors. First you must determine if your loved one executed a valid Last Will and Testament or died without a Will. A list of assets need to be made and evaluated to determine the type of assets that your loved... by Bonnie Lawston | Nov 7, 2019 | Estate Administration
Change your will to reflect your current wishes and situation It’s time to write a new will if you’re experiencing a big change in your life, such as moving to another state, getting married or divorced, moving in with a new partner, or bringing a new baby into the... by Bonnie Lawston | Feb 14, 2018 | Estate Administration
Perhaps the most common way to transfer property upon death in the State of New York is through a valid will or trust. What happens, though, if you’ve entered into a binding contract to transfer certain property to a specific beneficiary under you will, but... by Bonnie Lawston | Feb 7, 2018 | Estate Administration
It’s pretty common procedure for a fiduciary to a trust to obtain a release, with the objective of waiving the fiduciary’s obligation to provide an accounting of the assets of the estate and trust. A recent opinion from the Surrogate Court in New York... by Bonnie Lawston | Dec 19, 2017 | Estate Administration
In most situations, the last person you would want to give the authority to administer your estate would be a former spouse. In fact, to avoid such a contingency, it’s a fairly common practice for parties to a divorce to include language in the divorce decree...