Legal Question in Wills and Trusts in New York

I've turned down the Executor appointment in mt aunts will,I have to fill out a Renunciation of estate SE-1C form, WHICH BOX DO I CHECK?

A] A distributee of above named Decedent and related as a---------?

or

B] A fiduciary or legatee named in the decedents will dated ----------- hereby personally appears herein and renounces all right to act as voluntary administratrator/rix of goods,chattels and credits of the decedent

* I am the nephew of the decedent and the the will is in New York City

And by renouncing the Executor appointment am I also removed from the will as a beneficary too?

I WOULD LIKE TO HAVE A NEW YORK LAWYER'S REPLY

Asked 4/01/17, 4:55 pm in


Asked on 4/02/17, 8:23 am

1 Answer from Attorneys
Arnold Nager Arnold H. Nager, Esquire

You would check "B" as an Executor is considered a fiduciary of the estate. Why are you giving up commissions of approximately 3% of the estate? If you become the Executor you hire the attorney to probate the will and do all of the paperwork. Feel free to call me to discuss. No charge or obligation. 914-478-2981 or Cell 914-907-1165.

Read more
Answered on 4/03/17, 1:06 pm


Related Questions & Answers

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