Legal Question in Wills and Trusts in New York
No will and step children
My husband refuses to get a will. He owns a business and has 2 children whom would love to take it all. My husband says if no will when he dies, the worst that could happen is that I will get 50% of all assets and his 2 children will get the other 50% to split. Is this true? I also think he may have a will and is not telling me. How can I find out?
1 Answer from Attorneys
Re: No will and step children
You can't until he dies and the Will is offerred for probate. People may opt to file the Will in the Surrogate's Court for safekeeping, b ut this is rarely done.
With no Will, as his surviving spouse, you would be entitled to $50,000 plus one-third of assets in his name.
Any property held in trust, jointly or as custodian would pass outside the Will or estate.