Legal Question in Wills and Trusts in New York
I am an heir to an estate in New York. Is it possible for the five heirs to get a partial payment on their inheritance prior to the closure of probate
Asked on 5/22/12, 3:14 pm
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Yes, if there are sufficient reserves to cover all anticipated expenses, taxes and other costs that may be involved, the Executor can make a preliminary distribution.
Answered on 5/23/12, 10:28 am
Related Questions & Answers
-
How extensive is the wife's right to inherit her spouse? Asked 5/20/12, 9:38 am in United States New York Probate, Trusts, Wills & Estates