If your parent wishes to allow a friend to live in their house after they die while still leaving their New York property to you, there are three ways that this can play out. Encourage your parent to think carefully about their estate plan and recommend that they see...
The executor of your New York estate is responsible for opening a probate case if you have assets that need to be probated. If your executor refuses to begin probate, he or she may be relieved of these duties. This is because failing to do so is likely in violation of...
Choosing the executor for your New York estate is a critical piece of estate planning. You want to make sure that you have selected trustworthy individuals to handle your affairs at the time of your passing. What is an executor? Estate planning involves the...
New Yorkers who are looking for a way to maximize their family's assets while minimizing what they pay in taxes may want to speak with a financial planner or an estate planning attorney. Before consulting a professional, you can start reading up on some options for...
It can take months or years for a probate case in New York or elsewhere to come to an end. Therefore, the possibility exists that a beneficiary will pass before he or she is able to receive any property. What happens to items that were intended for a deceased...
If you are a beneficiary of a New York estate, you likely want to know who can challenge the will when it goes through the probate process. You probably already know that you cannot instantly receive the estate property. However, you may not be aware that anyone who...
Guns can be very personal. Often, a gun owner will pass down a treasured hunting rifle or other firearm through generations. New York State has specific laws that address the inheritance of guns, and decedents, executors and beneficiaries must follow them to ensure...
