Legal Question in Real Estate Law in New York
My husband has been named in a trust and given a 1/6 portion of the proceeds of his late brother's New York house. Does he have any rights concerning the sales price and any negotiations? Thank you.
Asked on 1/19/22, 2:05 pm
3 Answers from Attorneys
David Slater
David P. Slater, Esq.
Generally no, that is the Trustee's decision provided he uses it in good faith.
Answered on 1/19/22, 2:10 pm
Richard Bryan
Richard Bryan Attorney PC
Please accept my condolences on the loss of your brother-in-law.
A beneficiary typically would not have any say in the matter having anything to do with trust property.
Good luck.
Answered on 1/19/22, 2:22 pm
Walter LeVine
Walter D. LeVine, Esq.
These decisions are usually left to the appointed Executor. He/she may consult with beneficiaries, which include your husband cc, but is not required.to.
Answered on 1/19/22, 2:51 pm
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