Antonelli & Antonelli

What Does It Mean to be “Eligible to Receive Letters” in New York State Surrogate’s Court? Here is what you need to know. https://1l.ink/KZRSWFW

I'm The Executor Of My Father’s Will And Am Getting Calls About Debts, What Should I Do? First, remember that a decedent’s debts are not your personal responsibility—as long as you follow the rules. Here is what you need to know.

What Happens to a Lapsed Gift in New York Estate Law? Not all gifts written into a last will make their way to the named beneficiary. In some circumstances, a gift will fail or lapse. We go into detail on lapsed gifts in our article. https://1l.ink/MGDRGW4

What should I know about Living Trusts in New York? A living trust can be an excellent estate planning tool for many individuals with significant assets that they want handled a certain way. The process of creating a living trust can seem overwhelming at first, however, it can be significantly less complex when you understand the basics of what living trusts are and how they can be utilized to help you create a comprehensive estate plan that covers all your bases.

Who May Serve as Administrator of a Decedent’s Estate? When a decedent passes away intestate (without a will), New York Law prescribes who may serve as Administrator of the decedent’s estate. Here is what you need to know. https://1l.ink/KK8V3RX

I’m in a Will When Do I Get My Money? Learn more in this post. https://1l.ink/83DGG8K

What are the responsibilities of the executor of a will? An executor is in charge of running the estate and distributing the assets. An executor has considerable responsibility and liability. Here is what you need to know. https://1l.ink/8KNG5WW

What is the Probate Process in New York? Probate is an important part of administering the estate of a person who has passed away, but it can be difficult to comprehend and even more challenging to actually navigate. Here is what you need to know. https://1l.ink/8272P3D

Establishing a Trust to Manage an Inheritance for a Minor When a minor is to inherit over $10,000.00 from an estate, a guardian must be appointed for the minor’s property. This is due to the fact that although a child’s parents are his natural guardians, they do not have the right to control the child’s property exceeding this $10,000.00 limit. A more effective mechanism for leaving money or assets to a minor is to leave the inheritance in trust for that minor and appoint a trustee to manage the trust. Here is what you need to know.

The Surrogate's Court Bench & Bar Mixer is tomorrow! We will see you there! 🗓️ RSVP now: https://lnkd.in/efRfBQEs