Legal Question in Wills and Trusts in New York
My mother is in hospice and I am the executor of her will. She has a very small estate of about $40,000. She has my name on her checking account as well as her savings account. She has instructed me to take the monetary value and divide it in three--1/3 going to each of her three children. Do I need a lawyer to do this? Can I just take the value and give each of my brothers their third? Thanks for your help.
Asked on 2/10/16, 10:18 am
1 Answer from Attorneys
Arnold Nager
Arnold H. Nager, Esquire
You don't. Be sure to apply to Social Security for the death benefit.
Answered on 2/10/16, 10:37 am