Legal Question in Real Estate Law in New York

Re: assets

The answer is found here below in the statutes, which is why it is good to have a will...otherwise the government decides who gets what: Look up and read this online.

New York

Estates Powers & Trusts Law

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NY EPTL, Article 4

DESCENT AND DISTRIBUTION

OF AN INTESTATE ESTATE

PART 1. RULES GOVERNING INTESTATE SUCCESSION

Section

4-1.1 Descent and distribution of a decedent`s estate.

4-1.2 Inheritance by non-marital children.

4-1.4 Disqualification of parent to take intestate share.

4-1.5 Other disqualifications.

4-1.6 Disqualification of joint tenant in certain instances.

Good Luck

RRG

Re: assets

This is a complicated matter and an attorney would need to go through the facts to determine what would actually happen. It is very wise to prepare a will, even a simple one.