When I am about to represent someone who is about to become a Fiduciary (Executor or Administrator) of an Estate, I find it helpful talk about “how an Estate finishes”. Like many things in life, if you know where you are trying to go it is easier to make a good plan to get there.
Accounting
Inheritance Rights of Cousins in New York Surrogate’s Court
People often use the “cousin” terms loosely, as if they were interchangeable. For social purposes they are interchangeable, but legally they are decidedly NOT. This distinction arises in two particular situations:
- When a person dies without a Will (which is called “intestate”) and the closest relatives are cousins.
- When a Will is being offered for
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Estate handling approach – “Begin With the End in Mind”
When I represent someone who is about to become a Fiduciary (Executor or Administrator) of an Estate, I always talk about “how an Estate finishes”. Like many things in life, if you know where you are trying to go it is easier to make a good plan to get there.
Not every State handles “estate…
You Have To Account: What to Do?
If a fiduciary (in NY it’s an “Administrator” if no Will and “Executor” if there is) has to file an Accounting, where should they start? What should they do?
The Answer is to know what you should have been doing all along, and if you haven’t been, get caught up as much and as quickly…
Petition to Compel an Accounting
When someone is a fiduciary (Executor or Administrator) of an Estate, they are accountable to the people who have an interest in the Estate. This includes the beneficiaries. When they are doing their job correctly, they are transparent, honest, and communicative.
What if they aren’t doing those things? What if they are being secretive, or…
How Do Estates End?
When I start representing someone who is about to become a Fiduciary (Executor or Administrator) of an Estate, I always talk about “how an Estate finishes”. Like many things in life and business, if you know where you are trying to go it is much easier to make a good plan to get there.
Not…