Probate With a Will in New York

Serving Clients in New York City and the New York Metropolitan Area

If you do nothing regarding your property by the time you die, does the state get it? Many of our clients ask us this question. If you are one of them, we are happy to say that we can provide a variety of solutions in which the state does not receive your assets as unclaimed funds. The answer is to draft a Will or Trust tailored to your specific circumstances. We can help you ensure that the right people receive your property when you are gone.

When a loved one dies, the family’s resources, both emotionally and financially, are challenged. It has a serious impact on the family’s functioning. Our firm can help you settle the estate, both fairly and equitably, including presenting a Will to Surrogate’s Court for approval. This process is called Probate.

The process results in the court’s appointment of an Administrator or Executor, who has the court’s authorization to collect the deceased loved one’s assets from banks, stock companies, and other financial institutions. When there is no Will, the Court will appoint an Estate Administrator. The Executor or Administrator is awarded “Letters Testamentary” or “Letters of Administration.” A court appointed estate representative owes a duty to the estate and all the beneficiaries. Our firm can help the Executor/Administrator complete the estate tasks efficiently and effectively, including informing all heirs of the estate’s status.

Our firm’s Estate Administration services will dispel the many myths that surround this process. We have assisted our clients in a wide variety of matters, including:

• Locating assets
• Valuing property
• Paying required taxes (estate and income)
• Making distributions to heirs
• Observing and fulfilling the terms of the Will

In all of these matters, we draw on our experience in estate administration and Trust management as well as on our practice in estate planning. Our experienced attorneys listen to our clients and help them make confident legal decisions related to settling their estate.

Contact Grimaldi Yeung Law Group today for assistance.