A decedent’s estate is subject to the terms of written documents and estate laws. The primary paper that controls an estate is a Last Will. A duly executed Will that is admitted to probate provides the manner in which the estate is to be distributed. A Will may contain bequests…
There are many aspects in life that can have an impact on a person’s estate. An individual’s marriage is certainly one of the most important and dramatic factors regarding estate rights. If a decedent was married, a surviving spouse is given many estate rights and privileges. As discussed in numerous…
The relationship of marriage is among the most basic considerations in Estate planning and Estate administration. The most common form of an estate plan is typically one where one spouse creates a Last Will that leaves an entire estate to the other spouse. The New York Estates, Powers and Trusts…
Under New York Law, spouses enjoy protections regarding rights to share in the other spouse’s assets. While both spouses are alive, divorce laws such as “equitable distribution” provide a framework for the disposition of assets between spouses. However, when one spouse dies, rules provided by the New York Estates, Powers…