Toggle navigation
Home
FAQ
Contact
Wills & Estate Planning Essentials
Resources
Probate
The process that transfers legal title to property from a
decedent
to the
beneficiaries
. If a person dies with a will (testate), the probate court, Surrogates Court in New York, determines if the will is valid, hears any objections to the will, orders that creditors paid, and supervises the process to assure that property is distributed by the
personal representative
or
executor
according to the terms of the will.
If a person dies without a will
(intestate
) the probate court appoints an
administrator
who receives all claims, pays creditors, and then distributes all property according to the laws of the state.
In New York, the Surrogate's Court has jurisdiction over probate proceedings. Probate proceedings apply when the decedent left a will and the estate is worth more than $30,000. If the decedent died without a will the proceeding will be an Administration.
New York has a simplified "Small Estate Affidavit Program" for estates worth under $30,000. This program is not available if the decedent owned any real property in solely in his/her name.
Link
Estate Planning Glossary
Estate Planning Resources
CNY DWI Defense
CNY Traffic Ticket Defense
Go
Estate Planning Glossary
Link
AB Trust
Ademption
Administrator or Administratix
Annulment
Attorney‐in‐Fact
Back-up or Successor Trustee
Beneficiary
By Representation
Charitable Lead Unitrust (CLUT)
Charitable Trust
Charitable Remainder Trust
Charitable Remainder Unitrust
Codicil
Cohabitation
Commingle
Community Property
Conflicts of Interest
Conservator
Conservatorship
Corporate or Institutional Trustee
Cost Basis
Crummey Letter
Devise
Disclaim
Domicile
Durable Power
Estate
Estate Planning
Executor or Executrix
Execution
Family Limited Partnership
Federal Estate Taxes
Fiduciary
Fiduciary
Future Interest
Gain or Capital Gain
Generation‐Skipping Transfer Tax
Grantor
Gross Estate
Guardian
Guardianship
Health Care Agent or Health Care Proxy
Holographic Will
Informed Consent
Inheritance Tax
Inter‐vivos Trust
Interlineation
In‐Terrorum Clause
Intestate
Irrevocable Trust
Issue
Joint Tenancy
Living Trust
Look‐back period
Marital Property
Medicaid
Medicare
Minor Child
Net‐income charitable remainder unitrust
Net value
Notary public
Ownership interest
Per Capita
Per Stirpes
Personal property
Personal representative
Pour over will
Power of Appointment
Power of Attorney
Pre‐Nuptial Agreement
Principal
Probate
Quasi‐Community Property
Remainderman
Residuary Estate
Revocable and Revocation
Revocable Trust
Separate Property
Settlor
Special Gift
Stepped‐up Basis
Tenants‐in‐Common
Testamentary Trust
Testate
Transfer Tax
Transmute
Trust
Trustee
Trust maker or Trustor
Unified Credit Exemption
Will
Go
‹
›
×