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For many people, finding out they have lost a loved one is difficult enough without having to deal with probate court and the will. However, when someone finds out they have been cut out of a will without their knowledge or for no reason, the loss may be even more difficult. While it is always nice to know that your loved one thought of you when divvying up their estate, it can be hurtful and confusing when someone you thought would leave you something doesn't. In the event that a loved... Read More
AN EXECUTOR FAILS TO PERFORM
An executor, appointed by the testator in his/her
will has a fiduciary duty to the heirs of the estate. What can you do when the
executor breaches his/her duty?
What are the executor’s obligations?
are one of the lucky snow birds that has purchased a vacation home in sunny
Florida but is a resident in another state, then your property may be subject
to ancillary probate after you pass away. Ancillary probate is when a resident of one state owns real estate (or some
other titled property, such as a car or boat) in another state. For example, if you live in New York but you
own a home in Florida in order to escape the... Read More
If you are to be the recipient of all or a portion of a decedent’s estate, it is normal to inquire how soon you can expect to receive your share of the estate. The short answer is, usually more than one year after the date of death. But, earlier partial distributions are often possible, and there are many circumstances that can draw the process out longer.
Even in an uncontested and uncomplicated estate, there are... Read More