Legal Question in Wills and Trusts in New York
Can an executor of an estate take an advance on part of their commission prior to the final accounting and disbursements to heirs?
Asked on 5/19/10, 1:05 pm
1 Answer from Attorneys
Norman Nadel
Norman Nadel, Esq.
Yes. An application must be submitted to the Surrogate and if approved a bond must be filed.
Answered on 5/24/10, 1:16 pm