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New York Estate Planning Questions & Answers
2 Answers | Asked in Estate Planning, Real Estate Law and Tax Law for New York on
Q: I have a real estate worth $850.000 in Long island city, NY. How much tax my kids and spouse has to pay when i pass away
David Ostrove
David Ostrove
answered on Feb 27, 2020

Your kids pay no estate tax. Your exemption will more than cover $850,000.

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2 Answers | Asked in Estate Planning and Probate for New York on
Q: Hi:The father of my children bought a property in PR cash and passed away with out doing a deed. What happens now

We where never married, we had 2 children together. He has other kids from 2 different women. One never allowed him to see his child but is claiming money

Howard E. Knispel
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Howard E. Knispel
answered on Feb 20, 2020

If he owned the property he must have a deed. I assume you mean he does not have a will. Was he married at the time of his death? An estate action must be filed for intestate succession to determine the inheritence rights. Depending upon where he died, someone need to file the papers there and in... View More

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1 Answer | Asked in Estate Planning for New York on
Q: My father has an out of state will

My father has a will he created by Legal Zoom, when living in NY. He passed away while residing in NC. As I was named the executor, I met with the county clerks office to begin handling his affairs. I was told that NC requires the last 2 pages of the will (notary & witness pages) to be... View More

Benjamin Z. Katz
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answered on Feb 16, 2020

The is no requirement for a notary to be involved in a Will at all in New York. Estate Powers and Trusts Law (EPTL) 3-2.1 requires the signature of the person signing the Will and two witnesses. None of those signatures need to be notarized.

Many times witnesses are asked to sign a...
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3 Answers | Asked in Contracts and Estate Planning for New York on
Q: My mother transferred the deed to her home to me Sister found out Mother now saying I verbally promised to share it

Mother now suing me for return of the home Breach of contract.

Opinion? Mother said this agreement was made in front of her lawyer

Lawyer who handled deed transfer saying no promise to share home was made

Michael David Siegel
Michael David Siegel
answered on Feb 14, 2020

You need to defend the case, but if the facts are as you say, you should win.

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2 Answers | Asked in Criminal Law, Estate Planning, Banking and Probate for New York on
Q: Is it illegal for my Dad's Girlfriend of 13 years to use his ATM card after he dies? What law makes this illegal in NY?

My father was declared brain dead on Jan 9th, and passed away on Jan 24th. His girlfriend has made 2 withdrawals using ATM, one of which weeks after death. The DA said that it's not illegal if he gave her permission; but, how can he give permission if dead? They are not married. He died... View More

Elaine Shay
Elaine Shay
answered on Feb 13, 2020

Regardless of whether you are able to convince the DA to take action, the Estate can commence civil litigation to recover any funds wrongfully withdrawn.

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2 Answers | Asked in Estate Planning for New York on
Q: Hi, my nephew recently passed away. Is it true that his estate will have to be shared with the deadbeat father

The man never gave a nickel to help raise him. He didn't even bother coming to the funeral. He was 29 what can we do?

Benjamin Z. Katz
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answered on Feb 10, 2020

If you nephew didn’t leave a Will, the law of intestacy sets out the order of distribution. If he had no wife or children, parents would be next, even deadbeat ones. This is why it is important to have a plan. Of course, the father can waive his rights.

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1 Answer | Asked in Estate Planning for New York on
Q: What is the proper wording/phrasing for adding children as alternate beneficiaries to my Will?

I am preparing my will and have a primary beneficiary, but I want to add as alternate beneficiaries, the children, biological foster and adopted children of my nephew and cousins.

Nina Whitehurst
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answered on Feb 7, 2020

There is no one “right” way. It all depends on your intentions. If a client of mine wanted to do that I would have to ask several more questions in order to develop the wording. If you want this done right obtain the assistance of an experienced estate planning attorney.

2 Answers | Asked in Estate Planning and Probate for New York on
Q: In NY intestacy, who is included in "issue of grandparents"? Are aunts and uncles by marriage included?

In case where someone died intestate with no spouse, no descendants at all, and no surviving siblings, parents, or grandparents, my understanding is that the next distributees to be considered are "issue of grandparents".

If one child of the grandparents is still living, and... View More

Benjamin Z. Katz
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answered on Jan 24, 2020

Estates, Powers &Trusts Law Section 4-1.1 states:

“6) One or more grandparents or the issue of grandparents (as hereinafter defined), and no spouse, issue, parent or issue of parents, one-half to the surviving grandparent or grandparents of one parental side, or if neither of them...
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1 Answer | Asked in Estate Planning for New York on
Q: Disappearance of lawyer. Can we close estate without her? Or can we access the bulk of the funds?

My father’s estate (death 2016) did not close yet because we had to sell his house, which we could not do until one month ago. But now, the estate lawyer is unresponsive to us. We want to know if I write a letter as the other heir denying need for accounting requests, can my brother, the... View More

Michael David Siegel
Michael David Siegel
answered on Jan 20, 2020

You can close the estate without a lawyer, but you should probably consult one to make sure everything was done legally, so there are no problems. If everyone is in agreement on everything, closing the estate is simple.

1 Answer | Asked in Estate Planning for New York on
Q: Will the court allow me to use money from my daughter’s inheritance money to purchase a house?

I’m the guardian for her account until she’s 18

Benjamin Z. Katz
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answered on Jan 16, 2020

You may need to explain how this is a benefit for her and why it is necessary. Courts will generally deny large withdrawals from accounts for minors unless it makes sense.

2 Answers | Asked in Estate Planning for New York on
Q: My brother passed away recently and I am not his executor.

My question is that recently I found out that he had a 401K and he did not have anyone listed as beneficiary since I am his only next of kin am I entitled to any of that 401K? I am sure that all his assets will go to probate and then a decision will be made. Thank you.

Michael David Siegel
Michael David Siegel
answered on Jan 15, 2020

You need to file an administration proceeding. The amount of the 401k governs the type.

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2 Answers | Asked in Estate Planning for New York on
Q: When does a testamentary trust terminate?

A friend passed away leaving his house to his son in a testamentary trust. The Will reads: “The trust shall terminate upon my son attaining the age of 40”. His son is 52 so the Executrix/Trustee is transferring the property over to him. She refuses however to transfer the life insurance... View More

Michael David Siegel
Michael David Siegel
answered on Jan 8, 2020

Based on your post, only the house is in trust. A designated beneficiary keeps the proceeds. If the designation is her alone and not her as trustee, she is doing the right thing.

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4 Answers | Asked in Estate Planning, Elder Law and Probate for New York on
Q: What can I do (or my Mom) to regain control over family’s estate, after my brother used my mom’s power of attorney to

change all legal documentation, making himself a sole owner of all the houses, trusts, insurance policies, LLC’s, etc. He stole over $15 mil while my mom is still alive.

Benjamin Z. Katz
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answered on Jan 6, 2020

Your mom can sue him for breach of fiduciary duty, self dealing and fraud and void the transactions. However, I would need to know more to properly advise you. In any case, you and your mom should speak with an attorney.

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2 Answers | Asked in Estate Planning and Probate for New York on
Q: Cousin borrowed money from father now father passed away she now says she doesn't have to pay me back because he died.

I'm the executor of his will

John Anthony Pappalardo
John Anthony Pappalardo
answered on Jan 6, 2020

You need an attorney who practices in Surrogate Court

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2 Answers | Asked in Estate Planning and Probate for New York on
Q: My mother gave a Power of Attorney, effective immediately, to my only brother. My brother is a sole owner of my family’s

Multimillion estate. My mother and I are left with nothing. Please advise.

Thank you!

Benjamin Z. Katz
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answered on Jan 5, 2020

It is not clear what you are asking.

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1 Answer | Asked in Estate Planning and Probate for New York on
Q: My mother acted fraudulently, breached the trust and I lost funds which should be pass to me under my father’s will.

My father’s estate is very large. How can I recover the funds given to me by my father?

Benjamin Z. Katz
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answered on Dec 16, 2019

If you believe your mother breached her fiduciary duty, you can challenge her actions and seek to recover any losses.

2 Answers | Asked in Estate Planning and Probate for New York on
Q: I’m being alienated from any knowledge of my mother’s will and trust by my family even though I am an heir.

Denied copies of any papers. And never notified about anything. What can I do in this situation?

Lawrence Allen Weinreich
Lawrence Allen Weinreich
answered on Dec 8, 2019

You can always get copies of any papers filed in court. You should also speak to an attorney about a will contest based upon what you are saying.

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2 Answers | Asked in Estate Planning for New York on
Q: I am contesting my dads will and have to file an objection i do not have an attorney and am not sure how to proceed
Benjamin Z. Katz
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answered on Dec 4, 2019

All objections must be in writing or the Surrogates Court won’t consider them. You should consult with an attorney to determine what arguments to make.

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2 Answers | Asked in Contracts and Estate Planning for New York on
Q: When somebody dies unexpectedly and they have two powers of attorney are they responsible for disbursement of money

And a New York State is it true that somebody that has a felony cannot be the Executor of his estate

Benjamin Z. Katz
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answered on Nov 20, 2019

A Power of Attorney is not effective once the person dies. If there was a Will, once the Surrogate's court determines it is valid, Letters Testamentary will be issued to the Executor/Executrix. If there was no Will, Letters of Administration will be issued to the... View More

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1 Answer | Asked in Estate Planning and Civil Litigation for New York on
Q: Can an appointed trustee destroy the trust property given to him? If given promissory note, is he liable for face value?

A trust was created for my benefit earlier this summer. A promissory note was given in trust to the trustees to be invested and utilized for specific purposes. The note transferred to the trustees is still currently in their possession. They have not performed the trust nor accounted as required... View More

Nina Whitehurst
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answered on Nov 15, 2019

A trustee has the duty to protect, collect and maximize the value of trust assets for the benefit of the beneficiaries, and intentionally destroying a trust asset would presumptively be a violation of that duty. However, it is possible that the note truly was uncollectible and it would cost the... View More

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