Legal Question in Wills and Trusts in New York
Parents without wills
If a spouse dies intestate, how is the property distribited ina ccordance with NY State law. Does this apply to property held jtwros?
Asked on 6/07/09, 10:38 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: Parents without wills
1/2 + $50,000 to spouse, remainder to children. Property held jointly with right of survivorship passes outside intestate laws.
Mike.
Answered on 6/08/09, 1:31 pm