Tag Archives: letters testamentary
Estate Administration in New York: Probate and Intestate Administration
by Bryan Lane Berson, Esq. Estate administration is the settlement of the estate of a deceased person (the “decedent”). A fiduciary satisfies creditors, distributes assets to beneficiaries, and pays estate taxes. This column considers estate administration where a decedent dies (1) with a will or (2) without a will. In both situations, New York’s Surrogate’s […]
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