Estate assets may include bank accounts, security investment accounts and retirement funds. However, real estate ownership typically accounts for the largest value in most estates. Moreover, due to the many ways that real property may be owned and the lack of attention by owners to title formalities, an estate’s interest…
One of the most valuable assets compromising an estate is real estate. Typically, a decedent may own a home which he occupied with other individuals or which third parties occupied alone. When the Surrogate’s Courts appoints an Administrator or Executor, the duties of the fiduciary often include securing and selling…
One of the most common problems and sources of estate litigation concerns the possession of estate property by third parties. In the typical case one of the assets owned by the decedent is property which can be in the form of a house, or a cooperative or condominium apartment. Once…
A decedent’s estate is settled by either an Administrator or an Executor. The estate fiduciary typically retains a New York City Estate Attorney to provide legal representation regarding the initial fiduciary appointment and subsequent administrative tasks. One of the most important responsibilities of the fiduciary is to identify and collect…
One of the more common problems that an executor or administrator may encounter is an unauthorized occupant of a decedent’s real estate. The New York Probate Lawyer Blog has discussed this issue in a number of earlier articles. However, since this matter routinely occurs during the course of estate settlement,…
It is very common that a decedent is a tenant in a New York City Rent Stabilized or Rent Controlled apartment. The rules regarding such rent regulated housing are very complex and concern matters such as the amount of rent that can be charged and other landlord-tenant issues. One of…