Legal Question in Wills and Trusts in New York

Is probate necessary?

If my deceased parents' estate is worth less than $1,000,000. must their will be probated?


Asked on 7/20/06, 5:54 pm

2 Answers from Attorneys
Rudolf Karvay Berkman, Henoch, Peterson, Peddy & Fenchel, P.C.

Re: Is probate necessary?

It depends upon the assets were held, but the short answer is yes.

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Answered on 7/20/06, 6:24 pm
Rudolf Karvay Berkman, Henoch, Peterson, Peddy & Fenchel, P.C.

Re: Is probate necessary?

Correction:

It depends upon how the assets were held, but the short answer is yes.

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Answered on 7/21/06, 7:46 am


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