Astoria, NY asked in Estate Planning for New York

Q: Hi , My grandmother passed away and left me stocks in her Will. The lawyer told us the money from the stocks that were

sold need to stay in escrow for a year ? Is that common ? Just trying to find out why it will take a year to get the funds

Thanks

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2 Lawyer Answers
Michael David Siegel
Michael David Siegel
Answered
  • New York, NY
  • Licensed in New York

A: No it is not common. You should get a distribution.

Benjamin Z. Katz
Benjamin Z. Katz
PREMIUM
Answered
  • Estate Planning Lawyer
  • New York, NY
  • Licensed in New York

A: Does not sound right.

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