Legal Question in Wills and Trusts in New York

intestate/probate

Father died intestate, asbestos lawsuit created estate. Annuity account and money market was for brother. I was to inherit the house. Father died before he could finalize. Question: Brother agreed to a buy-out $5000. How do I go about formalizing this current oral agreement? I do not have the deed to the house and would like to obtain it? I have the estate paper work, do I have to file this agreement? Please help Thanks, BX-NY


Asked on 8/12/07, 9:02 pm

1 Answer from Attorneys

Walter LeVine Walter D. LeVine, Esq.

Re: intestate/probate

Since your brother has agreed to house buy-out for $5,000, get this in writing from him, signed, dated and notarized. Since your father died intestate, but had assets subject to probate, I suggest you apply to be Administrator of his estate (your brother can opt out of his right to qualify so you can be appointed alone). This is done through the Surrogate in the County where your father lived when he died. The Surrogate will provide a document (Letters of Administration) needed to allow you to sign and record a new Deed. I suggest the Deed Grantor be shown as you as the Administrator, and also you and your brother as heirs at law and next of kin, that he sign it also, to evidence his consent to its approval. Numerous forms need to be attached to the Deed, so it is best that you use either an attorney to assist you, or call a local title company to provide you with the required forms.

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Answered on 8/14/07, 12:57 pm


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