Probate Process in New York
In New York, the probate process includes an initial petition in the Surrogate’s Court and is followed by a Contested Will hearing. The executor named in the will file a petition in the Surrogate’s court along with the original of your will. The court may contact other parties in your estate such as beneficiaries, heirs, or creditors to get information regarding their interest or involvement. jwagnerlegal.com is playing a vital role in solving every case in New York. They provide a free consultation. Contact them now for a Free Consultation – 718-288-2048
How long does probate take in NY State?
In the state of New York, probate takes an average of around 7-9 months to complete. The average time can vary depending on the size and complexity of the estate and the nature of your case.
Although probate administration is a complex process, in almost every case, it will take about seven months for a New York estate to be administered. This estimate takes into consideration the time needed to prepare a will, gather documents and evidence related to the estate, and get all the court papers ready to serve on heirs.
How much does probate cost in New York?
The cost to establish probate on an estate in New York can vary depending on the complexity of the estate and its size. Many probate attorneys charge by the hour and their fees can be anywhere from $350 – $600/hour. Sometimes, if an estate is small and simple, they may charge a flat fee, generally starting around $3,000 and going up from there.
Who inherits if no will in New York?
In New York, a surviving spouse will inherit the entire probate estate if there are no children or other descendants. The primary beneficiary of the decedent’s will is the one who survives him or her. The spouse may be named as the primary beneficiary if they held sufficient title to the property at death or if they are descendants of the decedent and have the property of their own to transfer.