Oct 26, 2022

Most people correctly assume you need a local executor in New York, but they may not know exactly why. Let’s review a few real-world scenarios and reasons why you need an executor local to New York.

KYC requirements

KYC stands for “know your customer,” and this applies to banking requirements. Banks take steps to...

Oct 19, 2022

“There’s no such thing as a perfect estate plan,” Sherlock Holmes would probably say if he did probate. What we mean is that things may not work out the way you plan, no matter how hard you try.

We’ll review an anonymous probate case study, where even in an ideal planning scenario (knowing the time of death to...

Oct 12, 2022

How long does probate take in New York if the estate includes bitcoin? As we talked about in  a prior blog How Long Does Probate Take in New York, generally probate takes 15 months or longer; sometimes up to 3 years. Those numbers are actually on the lower side, because everything is more delayed these days.

Here we...

Oct 5, 2022

Many of our Solo Agers wonder “how will my executor know I died?” (Especially if they’ve chosen me as their professional executor, as opposed to someone they see daily). Solo Agers tend to live alone, so this is a very understandable and common question.

Notify in case of death

In New York, many Solo Agers live...