Legal Question in Wills and Trusts in New York
wills and estates
my mom is the executor of grandma's ( clara) estate yet left many stocks still in her ( clara) name. mom died and left no will. can i assume that clara's stocks are now part of my mom's estate and only petition one estate, or do i have to treat each seperately?
Asked on 4/30/09, 12:03 am
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: wills and estates
Stocks are part of Clara's estate. Clara's stocks must be distributed in accordance with her will. Therefore, her will must be probated.
Upon transfer of Clara's stocks in accordance with her will to mom, mom's will must be probated.
So, to answer your question, each must be treated independent.
Mike.
Answered on 4/30/09, 7:46 am
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.
