Legal Question in Wills and Trusts in New York

My mom died in 2011 with no will ! She had savings account s for my boys but she did not have a beneficiary on them I thought when the kids got old enough they could get the money out but the bank says no and they have now started to take $5 a month for a dormant fee ! How can I get the kids money out and into a savings account for college before its all gone ?


Asked on 7/20/15, 2:36 pm

2 Answers from Attorneys
David Slater David P. Slater, Esq.

Her estate must go to probate. It may qualify as a "Small Estate" depending how much is involve. This a simple procedure. Good luck.

Read more
Answered on 7/20/15, 2:41 pm
Walter LeVine Walter D. LeVine, Esq.

Apply in small estate as Administrator. You would get the money as next of kin, and then can turn the money over to the kids.

Read more
Answered on 7/20/15, 3:14 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in New York