Legal Question in Wills and Trusts in New York
My dad passed away with out a will. He owned two co-op apartments that haven't been paid off. We want the apartments to be transfered to our mother's name. How do we go about it. My mother doesn't work.
3 Answers from Attorneys
First, check to see if your mother's name is on the co-op shares. If so, just follow the co-op procedures for changing to shares to your mother's name, only. If not, you must petition the Surrogate's Court for Letters of Administration, which would give your mother legal authority to change the co-op shares. Feel free to contact my office at 212-401-2990 for a brief complimentary consultation.
I agree with Anthony. However, if your mother's name is on the shares as "his wife", you would need to do nothing since the shares automatically go to the mother.
Mike.
I agree with the other authors, but add that in administration some assets will go to the children and they may have to work with Mom to assist her in getting the apartments..
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