My question involves estate proceedings in the state of: New York
An original DEED is in the name of two now deceased parents...I am the common law husband of one of the siblings. Three siblings are involved, a son is deceased and my common law wife is deceased. Eldest daughter resides in PA and is the sole inheritor / distributee decendent. Her sister (my wife ) was the intended 100% benefactor / inheritor of the estate but no will was every prepared as such . Both passed in 1997, sister (my wife took care of all estate duties i.e. home insurance, property taxes, water sewer, utilities and became Voluntary Administrator via Surrogates Court of all things minor until her passing in 2011 ( She was also the benefactor of life insurance policy and bank account residuals). Her son became the Voluntary Administrator of her estate ( small things considered and said documents of importance are in his name along with hers i.e. insurance, taxes, etc ). Eldest sister has agreed to go thru the legal process of having DEED placed in her name the subsequently placed in my name or her nephews name (my son). We already know the tax advantages to this process but not the procedure to follow under NYS law THANK YOU for your TIME and ATTENTION in this matter
An original DEED is in the name of two now deceased parents...I am the common law husband of one of the siblings. Three siblings are involved, a son is deceased and my common law wife is deceased. Eldest daughter resides in PA and is the sole inheritor / distributee decendent. Her sister (my wife ) was the intended 100% benefactor / inheritor of the estate but no will was every prepared as such . Both passed in 1997, sister (my wife took care of all estate duties i.e. home insurance, property taxes, water sewer, utilities and became Voluntary Administrator via Surrogates Court of all things minor until her passing in 2011 ( She was also the benefactor of life insurance policy and bank account residuals). Her son became the Voluntary Administrator of her estate ( small things considered and said documents of importance are in his name along with hers i.e. insurance, taxes, etc ). Eldest sister has agreed to go thru the legal process of having DEED placed in her name the subsequently placed in my name or her nephews name (my son). We already know the tax advantages to this process but not the procedure to follow under NYS law THANK YOU for your TIME and ATTENTION in this matter
Heirs and Beneficiaries: Nys Intestate Law
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