New York Probate Archives | Page 2 of 4

E182 3 Examples of How Co-Ops Are Worse (an Executor’s Perspective)

Most NYers know the deal with co-ops: they’s less expensive than condos, but they come with a lot of rules and headaches. Here are 3 real world examples:

Last to unlock
Quick to Sue
Release of lien

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E207 Hire a Professional Executor for Your Insolvent Estate

January 20, 2021/by Anthony Park

E200 Why You Can Feel Safe Hiring an Executor

November 11, 2020/by Anthony Park

E190 When Does the Executor Tell the Beneficiaries?

E180 Contingent Fee Probate

September 2, 2020/in Contingent fee probate, New York Probate, Probate /by Anthony Park

What do you do if you need a probate lawyer, but you don’t have the money now? Let’s talk about contingent fee probate.

What are contingent fees?
Some limitations
Will contests
Kinship
Uncertain assets

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E175 Amateur Executor Bloopers

July 29, 2020/in Executor, New York Probate, Probate, Solo Agers /by Anthony Park

We’ll share a few real-world amateur executor bloopers (of course, anonymized to protect our clients’ privacy)

Choosing a disappearing banker
The case of the missing $10,000 check
“Oh yeah, taxes!”

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E157 How to Deal with Nightmare Tenants in Probate

March 25, 2020/in New York Probate, Probate, Sell Deceased Home /by Anthony Park

One bad tenant can blow up any real invest investment. Being a professional executor has shown me just how nightmarish a tenant can be.

We’ll discuss:

Which estates have nightmare tenants?
What are “nightmare tenants?”
What to do about bad tenants?

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E155 Why Does Probate Take So Long? Tax Clearance

March 11, 2020/in New York Probate, Probate /by Anthony Park

The second most common question about probate is: why does probate take so long? Lately, one of the biggest culprits is getting tax clearance.

We’ll discuss:

Why tax clearance is so important
Estate tax on the 1%
The IRS and the Deceased’s 1040
See you next April
Don’t Forget form 5495!

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E154 How to Avoid Rip Offs During Probate

March 4, 2020/in New York Probate, Probate /by Anthony Park

So sad to watch when our clients get ripped off during probate. So we’re doing this episode to hopefully help you avoid getting taken.

We’ll cover:

Examples of rip offs during probate
Comparison shop
Ask for referrals
Choose an experienced probate attorney
Hire an professional executor

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EXECUTOR. Thinking about hiring a professional executor for your loved one’s estate, or naming one in your will?

PROBATE, TRUSTS, ESTATES: Need a great attorney?

Send me a text message at 212-401-2990

Email me at executor (at) anthonyspark.com

Or visit https://anthonyspark.com

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E153 5 Tips for Banking with Estates

February 26, 2020/in New York Estate Administration, New York Probate, Probate /by Anthony Park

So you need an estate checking account. Sounds easy enough, right?

We’ll discuss:

Forget online: go to a branch
Not all branches are created equal
Estate deposits
Medallion guarantees
Quid pro quo

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E151 5 Mistakes With DIY Wills and Witnesses

February 12, 2020/in New York Probate, New York Wills and Trusts, Probate, Solo Agers, Wills /by Anthony Park

I get that Do-it-Yourself is very tempting. But you may be creating HUGE problems for your heirs.

We’ll discuss:

Witnesses names
Witness addresses
“Self-proving”
Professional witnesses
Court’s assumptions

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We’ll discuss:

Originals are required
Going to the US embassy
What the heck is an apostille?

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We help a LOT of non-US heir collect their US inheritance.

So, for example

Aunt Barbara was a UK citizen, and lived/died in Spain
But she had a few US bank and brokerage accounts >$200k
How do Barbara’s nieces and nephews legally get their US inheritance?

In this high-level summary, we’ll describe:

Step 1: Go to local probate court
Step 2: Go to US probate court
Step 3: Get US tax clearance

And lastly, I’ll describe a few of the seemingly simply tasks that can cause surprisingly long delays

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