Legal Question in Wills and Trusts in New York

Assets: How does one find the assets of the deceased.

1. I need to know how to locate all of his assets; the executrix

and the lawyer are not liberally dispensing information. What

are they legally required to do concerning finding assets and

notifying benefactors.

2. Please explain the following:

All the rest, residue and remainder of my estate, both real

and personal, of every nature and wherever situate, of which I

may die seized or possessed, including, without limitation, all

property acquired by me or to which I may become entitled

after the execution of this will, all property over or concerning

which I may have any power of appointment, and all property

herein attempted to be disposed of, the disposition whereof

by reason of lapse or other course shall fail to take effect, I

give, devise, and bequeath as follows:

To xxxxxxxx, one fourth of my estate, both real and personal,

of every nature and wherever situate.

Thanks in advance for your time in this matter.


Asked on 2/28/01, 12:32 pm

1 Answer from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: Assets: How does one find the assets of the deceased.

Most states, and I am familiar with New York practice, require that the executors file an inventory (a listing) of the assets owned by the decedent.

The Executors can be punished for refusing to file the inventory. Speak to the clerk at the Surrogate's court.

The language says xxxx gets 25% of of the property owned outright (or over which he had power of appointment) by the decedent (after payment of debts and expenses).

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Answered on 4/25/01, 8:49 am


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