Roles of Executors and Administrators of an Estate

Roles of Executors and Administrators of an Estate

Roles of Executors and Administrators of a NYC Estate Allison’s father, Kenneth, a Brooklyn resident, died in March of 2018.  Kenneth was a widower, but survived by his three (3) children, Allison, John, and Nathan. In his Last Will and Testament, he named Allison as...
PROBATE vs. NON PROBATE ASSETS

PROBATE vs. NON PROBATE ASSETS

PROBATE vs. NON PROBATE ASSETS People often confuse probate vs. non-probate and taxable vs. non taxable assets. Probate assets are those that do not have a beneficiary designation. They are assets that were either not capable of being held jointly or were not held...
Executor’s Roles, Duties, and Powers

Executor’s Roles, Duties, and Powers

Executor Responsibilities, Roles, Duties, and Powers Deborah’s father, Abe, died a resident of Brooklyn in March 2018.  He was survived by his three children, Susan, Deborah, and Greg.  Abe had executed his Last Will and Testament and named Deborah as his Executor,...