Legal Question in Wills and Trusts in New York
i was appointed executor of an estate in NEW YORK. What form do I sue to transfer property and what do I do if there is a mortgage on the property?
3 Answers from Attorneys
The first step I would take is to speak with a probate attorney to help you through this. There are many pitfalls and you do not want to be held responsible for the beneficiaries or distributees if you fall into them. I offer a free consultation.
I agree with Roman that a local probate attorney be retained to assist you. Not having seen the Will under which you were appointed, I do not know what powers and authorities you may have, separate and apart from what the appointment allows you to do. Taxes may have to be paid, debts paid off, including the mortage, if any, and a slew of other responsibilities. While you might be able to do many of the things yourself, it is best to have professional and knowledgeable assistance.
A beneficiary is not required to accept.