Who Applies For Letters Of Administration?

Transcript:

Who applies for letters of administration in New York?

In New York, the order of priority is spouse, child, grandchild, parents, siblings, nieces and nephews, grandparents and so on.

There are also a few requirements.

First, the administrator can’t have a felony conviction on his record.

Second, the administrator will usually have to file a bond, or insurance policy, which requires excellent credit, usually a credit score of 700 or higher.

Lastly, the administrator must be a US citizen or a resident of New York.

But practically, the administrator really should be in the New York area at the very least, since many of the administrator’s duties must be done in person, and it just doesn’t make sense to fly back and forth from out of state or out of the country.

If any of these requirements is a problem, you should consider working with a professional executor.

Hope you found this helpful. Take care now.

[Previously posted on YouTube]

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