Legal Question in Wills and Trusts in New York

New York Executor
My grandfather passed away approx. 25 years ago and in his will he left his home to his six children. His son was appointed the executor. My question is (1) in what time frame must an executor settle the estate (does it expire after a time period?)? and (2)If there was no existing debt, can the executor sell the property without the authorization of the other siblings who have also inherited the property?

Asked on 9/19/05, 2:00 pm

Andrew Nitzberg Andrew Nitzberg & Associates

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Re: New York Executor

This question is a little more complicated than it appears on the surface, but I will try to give specific answers.

1. There is no specific time frame, but 25 years is outside the tolerance of any court. However, the estate may be settled already.

There is no requirement that the home be sold as long as the new owners do not require the sale.

If you have a direct interest in the house, then you can do something about this.

Answered on 9/19/05, 3:20 pm

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