While the Court of Appeals has rendered two important trusts and estates decisions this summer, additional topics of interest have been addressed at the trial court level. Ilene Cooper discusses a few of these “hot topics” in this week’s blog entry.
Continue Reading
life estate
Court Examines Beneficiary’s Right to Sell Real Property
By Ilene Cooper on
Posted in Construction of Wills and Trusts
This week, Ilene S. Cooper explains a recent case in which the Suffolk County Surrogate’s Court analyzed whether a beneficiary’s interest in the decedent’s residence qualified as a life estate, notwithstanding the explicit use of the term in the decedent’s Will.…
Continue Reading
Court Rejects Executor’s Attempt to Sell House To Herself For $10
By Eric Penzer on
Posted in Fiduciaries
This week’s entry discusses a recent decision rejecting an executor’s attempt to “sell” the decedent’s house to herself for the price of $10.…
Continue Reading