Legal Question in Wills and Trusts in New York
how is the property distributed
A mother died in a hospital in manhatten, she lived in harlem for 60 years. She was survived by her 3 daughters and 1 son. the son a is sole named benificiary to a $100,000,00 life insurance policy. Ms pearl had 50,000 dollars and a house in harlem she owned valued at 750,000,00...how would this property be distributed
Asked on 5/27/08, 11:51 am
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: how is the property distributed
Son receives life insurance policy since it passes outside of will. All other assets solely in her name - house, money, etc. would be equally divided among children if mother died intestate (without a will) and if husband pre-deceased.
If you need someone to handle the administration proceeding feel free to telephone.
Mike.
Answered on 5/27/08, 12:13 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
